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Bullboard - Stock Discussion Forum Prodigy Gold Inc KXLAF

GREY:KXLAF - Post Discussion

Prodigy Gold Inc > Expectations
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Post by muffin17 on Oct 12, 2011 10:29am

Expectations

PDG should be out this month ie the next two weeks with an updated resource calculation.  The infill drilling which has shown significant cross sections and grades will definetely increase the size of the resource.  I also would expect that a significant portion of the resource will be transferred from the resource column to the reserve column ie proven and probable.

PDG held up extremely well through the last couple of months of turmoil in the markets and is now beginning to move into the 60-70 cent range.  With gold moving up again in sinc with the new resource calculation coming, this little company could go parabolic.

I would appreciate hearing the expectations of other posters.  I think I have a gem here in PDG.

I have increased my position over the past couple weeks and continue to hold.

GLTA

Muff
Comment by dugbenny on Oct 12, 2011 12:44pm
Yes, I also think we have a gem here in PDG. Safe political jurisdiction,good infrastructure (formerly producing mine)well financed, low cost production (soon to be even lower I suspect)updated and expanding resource calculation coming imminently, no environmental or first nation concerns. I think this is one of the better juniors in Canada and a very low risk junior--definitely going higher and ...more  
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