Prodigy Gold Inc KXLAF

SP movement

[coffinraider]

The share price tends to move a little slow on good news here it would appear as a result of News not making it onto the major News wires.
Prodigy i believe plays the news pretty close to the chest to allow for a gradual sp climb as the news slowly filters through the market.
Some might say of this to be of questionable strategy.
I would agree that it is a very good strategy in it being the way to build on the sp more soundly for longer lasting results as it has shown to be, than attracting the penny a pop p&d crowd out for a quick buck that announcing news on the major news networks would bring.

Do not be alarmed by the slow sp ascent.  It will gradually continue to climb as it has been doing of late working this strategy.
A sane strategy keeping the insane in check. What a relief !  What a smart operation !

[Ahsan]

the problem with this news release is the grade. these are not good grades at all. at least 10g/t or something. 1g/t or 2g/t is hardly significant. width is good but the grades are horrible. not to mention that the production is probably not going to start till early 2012 and plus the markets are going down which is adding more pressure on the ask side. i just dont see this stock

[coffinraider]

Over these lengths and at these depths and recovery costs the grade is very much open pit economically feasible.

[mellow99]

well....I only have one thing to say to you....you are blind to the  NEW kind of mining in Canada...that is  very Large  lower grade disseminated Gold deposits, mined by bulk methods...we just spoke about Osisko yesterday who have now started  mining such a lower grade Bulk deposit, with almost 10 million ounces in reserve(43-101) compiant, and is trading near $16.00, with an

[coffinraider]

Didn't take long to dd up that one. GIX is a piece of crap. No comparison to PDG .Do your dd.