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Bullboard - Stock Discussion Forum Prodigy Gold Inc KXLAF

GREY:KXLAF - Post Discussion

Prodigy Gold Inc > Resource esttimate
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Post by duchebaggie on Jun 20, 2012 11:16am

Resource esttimate

Anybody has made projections on the new number that could come out?

Do we know if they will include the lovell lake mineralization in the RE even though it's lower grade?

Is it realistic to aim for 6M oz?

 

just launching talks here

Comment by BrahmaViddo on Jun 20, 2012 12:00pm
3-4 million ozs of measured + indicated.. all recoverable
Comment by Nomad3 on Jun 20, 2012 1:30pm
this updated resource estimate is aimed at proving up inferred resources for magino.  I am guessing they will now be around 3million M/I and 1.5mil inferred
Comment by cobra1976ii on Jun 20, 2012 2:16pm
Any guess to what the share price would be with a report indicating such?  This would taken as your opinion obviously.  Thanks
Comment by Nomad3 on Jun 20, 2012 3:44pm
Anybodys guess in this poor market
Comment by duchebaggie on Jun 20, 2012 4:02pm
well, it will probably break through the .65 mark, but there is resistance at .75. I doubt it will reach that point, if it reaches, I won't hold it.
Comment by mining4dollars on Jun 20, 2012 4:25pm
It is safe to say that PDG is on a lot of people's radar.  Assuming the updated Resource Estimate doesn't disappoint, it wouldn't be a surprise to see a takeout offer.  Recent example of this would be Trelawney Mining..  within 2 weeks of filing their updated report they were bought out.  Much lower grade deposit too.  Heres hoping... good luck to all long!
Comment by MELLOW88 on Jun 20, 2012 11:16pm
For  thre redord TRELANEY MINinG ws taken out for $3.30, however i beleive we IN PDG are in a far better posiion in terms of value....aside from our millioms of ounces in the ground,already  ioutlined so far in goodall safe Canada, the VAST land position we hold is worth quite a bit more, since it would give the makor acquirer. control of almost entire area...Iam not sure that Mr.Mahar ...more  
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