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Bullboard - Stock Discussion Forum Prodigy Gold Inc KXLAF

GREY:KXLAF - Post Discussion

Prodigy Gold Inc > 4 drills...
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Post by red911 on Apr 14, 2011 10:32am

4 drills...

first 2 then 3 now 4... sounds like could be a fast-track...  i wonder why? and i wonder if it has anything to do with massive Canaccord buying of late?...

red911
Comment by red911 on Apr 14, 2011 10:50am
18 holes drilled to date... only 6 holes released... the 18 holes drilled thus far represent just 6900m of the 20000m ongoing 4-drill program... we will be getting results like this for at least another 2 months... these results are great but IMO wait until we start to see results from new zones and deeper areas and they start seriously showing the market the potential here.  2 million ounces ...more  
Comment by panamjr on Apr 14, 2011 11:14am
Anyone, how much cash in the bank? Can these results since they are infill add the the resource base?If we can double to the 4 million ounce resource this thing being open pit has to go much much higher, ad will be taken out.
Comment by kkkrrrr on Apr 14, 2011 11:53am
only 9-10 million$ cahs in the bank.... further dilution ahead ...    i will not buy in here because GIX released their PEA this week... NPV higher at 5% discount   ...780 million$ NPV at POG 1200$  ...but GIX marketcap is only at 70 million$ ...        higher NPV than PDG , half marketcap ,20 million in the bank , growing resource + ...more  
Comment by bearslayer on Apr 14, 2011 12:12pm
GIX has 131 million shares so market cap  is .66 X 131 = 86  million - good company - excellent potential but alot of shares.
Comment by Martin7171 on Apr 14, 2011 12:30pm
Well do not waste your time here buy GIx that lol!
Comment by mellow99 on Apr 14, 2011 12:35pm
Crawl back under the dirty hole you came out.....lol...
Comment by coffinraider on Apr 14, 2011 12:38pm
Junior explorers and near term producers are doing exceptionally well in Ontario . Investor confidence is at an all time high for Canadian juniors. American and Latin American based operations held by Canadian companies are in a big slump that isn't about to change in the near term.PDG is an upwards of 3 million ounces near term producer with infrastructure at the previously producing Magino ...more  
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