OTCPK:PGMFF - Post by User
Comment by
goldlocatoron Apr 14, 2022 8:37am
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Post# 34603113
RE:RE:Help is here
RE:RE:Help is hereCompletely agree Kirk. No way any officer of the company is putting that stuff out. IMO there are only two possible saviours for the company.....Sprott and Anglo. If Sprott holds the senior debt, and I do not know if they do, it is their best interest to sit back and watch. Their investment is secured by the company assets. But Anglo is not. If anyone is going to step up it will be Anglo. They have watched about 100 million in share value drop to about 15 million in a month or so. If they believe the gold is there they will provide the financing in stages to get this back on track. The very least they will do is cover the debt payments so no foreclosure can happen. If there was an announcement next week that Anglo and PGM had an agreement to cover debt and provide financing the share price would double immediately. But first they have to sure the gold really is there. Just my opinion.