GREY:PGDIF - Post by User
Comment by
ekimon Oct 28, 2016 5:08pm
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Post# 25400442
RE:Prediction
RE:PredictionI didn't realize until recently that Eric Sprott was worth more then Robert Friedland.
That may have already flip flopped with IVN's rally over the last 6 months.
I will go on record saying that there will be a PP even if there is a joint venture.
JV partner may pay Chidliak bills for the next few years....but PGD would take the moment to help pad the treasury to make sure PGD mgmt is paid over the same few years and also look at other opportunities.
They may even do the PP at a small premium with the JV partners..so the JV can have 51% plus plus equity in the project.
LONG...PGD
EKIM