RE:RE:RE:alberto, northmark, ntagain, et alAs a very longtime PGD shareholder, who participated in 3 rights offerings already, I had the pleasure to argue with every single opportunistic person who thought that they managed to time their entry perfectly, that there is a short term and a long term outlook for PGD.
Like Kidlapik, you can partially ignore the shorter term and just focus on the long term when they are not aligned. How? He is prepared to invest more money every time the short term outlook makes the play hugely undervalued.
Others don't want to put up with the short term risks or they believe those risks will make a better entry possible and push the long term outlook out of their minds. Look at Kodiboy. He is constantly harassing Cudjo for what he thinks about PGD, but according to him, he thought at least 2 times in the last 2 years that the risks were bigger than the reward and sold his whole position.
No matter how much you b*tch about it, people with the short term outlook set the SP.
PGD's problem is not the small pipes or the lack of new discovery, at least not according to the PEA, but everyting else, especially the money. Until funding is resolved, and that does not mean the winter program but a path to mine, the short term outlook will always turn for the worse.
So if you look at short term, less is more in case of PGD. 50% of the project would be worth a lot more than the whole. Possibly 3x more. Long term, if all the stars align, more is more and you want the whole pie. But what is long term? Ask Ekim or even Silverwhere. And that's where the problems lie. There is just no way of predicting that. It could be 3 years or 30.
Until then, go ahead, call people names, that might change some minds.