OTCQX:GLDXF - Post by User
Comment by
ML_Geoon Jul 20, 2016 5:30pm
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Post# 25070280
RE:RE:PNO Deal
RE:RE:PNO DealThanks Heywood. I checked the charts on Stockhouse and it all makes sense. I'm not certain why the google finance chart shows $33 high.
I am still boggled why this hasn't gained more traction in the recent gold surge. I was one of 3 geologists first on the ground in Toroparu directly after the IPO and until 2011 (height of the stock). I left with healthy stock options but didn't sell any because I believed the project had much more opportunity. 5 years later I still believe but why that value isn't realized at this point is frustrating. The economics of this project are so levered to the POG; if they can get a higher grade starter pit (which could be Sona Hill) then it could push this to the next stage of development. There are not many undeveloped deposits of this scale out there. For what it is worth, as a geologist who has worked there, I assure you this is the real deal - there is a lot of gold here and still much more opportunity for discovery on the property.