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Bullboard - Stock Discussion Forum Prodigy Gold Inc KXLAF

GREY:KXLAF - Post Discussion

Prodigy Gold Inc > NEWS - Analysis
View:
Post by arachne1 on Sep 27, 2011 12:07pm

NEWS - Analysis


"Completion of the updated resource estimate will be deferred until October to enable us to incorporate these recent, material results.  The revised resource estimate will be followed by an update to the Magino Preliminary Economic Assessment (PEA) in November/December".

Translation:

Hey, I can't tell you how many gold coins I have now. 
I need to count the bag of new gold coins I just found!


"Virtually the  entire 300 metre vertical extent of gold mineralization identified in drilling is higher grade than the resource cut off grade and is highlighted by thick intervals of good grade gold mineralization in drill hole MA11-122.  The Magino gold deposit is open at depth and along strike southwest of this section".

Translation:
OMG, there will be a heck of a lot more gold coins to count in the future.
Comment by mining4dollars on Sep 27, 2011 1:16pm
im inclined to go with your analysis.  though delays are always disappointing, it sounds like this one is due to nothing but positive circumstances and we should all come out better because of it.  Whatever they were planning to release over the next few days is going to grow substantially because of their latest results they are incorporating.  LONG PDG.
Comment by dugbenny on Sep 27, 2011 1:51pm
Yes, that was all in all very positive for the stock going forward and I also believe it will be worth the wait. POG should be stronger then and we will also be right in the thick of things seasonality wise. Lots of positives here and I really dont get the share price at this level. Great intercepts!
Comment by cavedude on Sep 27, 2011 2:24pm
"Lots of positives here and I really dont get the share price at this level. Great intercepts!" Yeah, it should be trading higher, however, having MORONS like Harrington who keep nickle and diming the shares and selling off large blocks keeps reminding investors of the KXL days. I voted that rat bastage out, I think he fleeced KXL and PDG enough. Brian Maher must be pulling his hair out. ...more  
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