OTCPK:PGMFF - Post by User
Comment by
dmacdon Apr 01, 2021 1:59pm
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Post# 32923978
RE:RE:Choice quote
RE:RE:Choice quoteLOL. This was a good NR that derisked the start up significantly. A square ramp up is not the norm but would have been nice. At any rate 4000 oz x 1700 = $6.8M revenue. That might achieve breakeven or close to it. Sprott is further derisking shareholders with increased lending. Not sure how he got it wrong. He got in below $.50/sh so still 3x and lots of upside as commissioning completes and expansion drilling get announced. I am still up 3x and happy to hold.