GREY:PGDIF - Post by User
Comment by
cudjoon Mar 21, 2017 11:21am
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Post# 26007881
RE:rbk
RE:rbkrollback may be in their future, but right now they are still exploring, they have to raise 7.5 million to do what all the parties talked to them about after the PEA, prove out 6, find more diamonds, the asset will be worth what it is worth regardless of the float, only effects shareprice, ownership maybe the road block. The Washington bid for DDC clearly states that the company would be much better off as a private company, so why would the same reasoning NOT be applied to pgd, look at the ownership percentages, not much more and total control, that is why I think a rights offering will the next announcement. Good Luck.