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Bullboard - Stock Discussion Forum Prodigy Gold Inc KXLAF

GREY:KXLAF - Post Discussion

Prodigy Gold Inc > AR $10
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Post by ScaryRaccoon on Oct 17, 2012 4:08pm

AR $10

AR keeps moving up, and so should PDG but we're stuck at $1 with a lot of people willing to sell.
Comment by Nomad3 on Oct 17, 2012 4:45pm
im thinking pdg will get another nickel or two by next week , unless AR is sold off, but i think most realize this deal was a steal and adds considerable value to them
Comment by M139 on Oct 18, 2012 6:15am
Although there may be some who are selling, for the most part the volume is due to manipulation. The sellers are the ones buying trying to make it look like selling pressure to get your shares, to make it look like there is resistance to go any higher and that they made you a great offer. If this volume is maintained and the price starts to move down then that means they are winning and getting ...more  
Comment by lou64 on Oct 18, 2012 11:21am
think they have no money then think again ... argonant cash cost per ounce sold is $620 @ what gold is selling for today and they beat estimates on gold to market 101000 - 103000 ounces ??? then i read one of their posters on their site stating that this is only costing argonant 55 bucks to take on prodigy and then add in what it would cost from pea on this mine ??? seems argonant getting a good ...more  
Comment by lou64 on Oct 18, 2012 11:37am
prodigy 2.6 million ounces cost $ 460 an ounce and the their cost to buy $55 = 515 an ounce compared to 620 seems to me there room to move and someone knows this
Comment by green24 on Oct 18, 2012 11:42am
Yes, Argonaut is getting a good deal buying effectively 6.5 million ounces of gold in the ground for about $47/oz.  Around $300 million for the gold, $ for $ for the cash.  Total $341 million at the moment they made the offer.   Just one little thing irks me personally about the deal.  I don't think this was the best deal they could have made.  I believe they could ...more  
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