OTCQX:MRVFF - Post by User
Post by
Barruchon Feb 18, 2003 10:21pm
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Post# 5877924
NRI PDG EMBRY
NRI PDG EMBRY
Looks like Mr. Market had fully priced in the PDG 70% decision.
I was hoping for a more substantial release from PDG, I was hoping for more drilling plans (exploration drilling). Instead they only announced plans for the mineral resource calculation, and infrastructure needs as part of the pre-feasibility study. Nothing that we didn't already know.
Mr. Embry did say he once owned some NRI (in the RBC funds), I don't recall if he said he sold all or most. He did once say he was concerned that if PDG backed in for 70% he thought the NRI share price would fall. Personally, I think he was kicking himself for selling too soon (I beleive he sold before the $4 level).
Barruch