GREY:PGDIF - Post by User
Comment by
cudjoon Apr 18, 2018 11:41pm
88 Views
Post# 27908883
RE:RE:RE:RE:Repost from SGF
RE:RE:RE:RE:Repost from SGFthe piece is an interview on their perspective, on M&A as it relates to pgd, would only be interested IMO if terms suited the buyer, trouble here is ownership. If in the hands of many and with what we think we know about the deposit, this would have been taken out a while back, but it is in the hands of a few ... 2..... and with a buddy, impossible to take out without the few agreeing. Rio would not be interested in that IMO, we, sadly, are in the bros hands exclusively, and their wish is our command. If it is their desire to keep 100%, they will lean on retail to finance 50% of it and bury this play in more and more paper. If their desire is to ramp this up quickly, we will have a partner. Some posted that Tom pushed production back 8 more years.... if so..... IMO, expect a paperweight. We will know soon enough.