OTCQX:MRVFF - Post by User
Comment by
elduckyon Feb 10, 2003 9:18pm
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Post# 5853762
RE: What's going to happen tomorrow
RE: What's going to happen tomorrowThe people over on the Placer board really don't think much of the management. Personally I think PDG is in bigger trouble than most people believe, still hard to tell what they will do though. I don't see how it's possible they will take 70% without taking the remaining 30 as well, because if they just take the 70 then they would have to pay for the entire mine on their own, but only get 70% of the profits. Why not pay for the whole mine, which they are doing anyway, and take all the profit, by buying the partners share. So, in conclusion, probably 70%, and they might make some different announcements at the same time.