Post by
ekim on Jun 11, 2015 1:39pm
NAR is on fire again.
Doesn't take much volume to get that start roasting.
Now the questions is.
Would you spend x $'s to get 10% of Chidliak or 20% or Pikoo?
The Chidliak district has to be clearly worth more than twice that of Pikoo.
With almost $2 billion in value on just publically stated inferred resource that will most definitely grow...versus... a few dykes that are showing grades over 1 cpt.
Market is off base here.
Chidliak is looking to grow to the $3 or $4 billion value on it's current path...Pikoo is looking to poke holes into some newly discovered kimberlite dykes.
Chidliak is looking at going to production in 2020...Pikoo...you can't even guess.
LONG...PGD
EKIM
Comment by
Kodiboy on Jun 11, 2015 1:45pm
Similar to yesterday, it popped and then dropped, nice trading stock right now so maybe take advantage of it whilst you can because it's a very thinly traded stock. Seems to be some craziness around it though and an overreaction has resulted. Good trading....
Comment by
madmann on Jun 11, 2015 2:26pm
Hey Mike, Try buying PGD today, had to up my bid to .255 to get filled, seems tightly held now, no one too anxious to sell. buy low sell hi :)
Comment by
Kodiboy on Jun 11, 2015 3:41pm
Nar now down again...wild ride right now, be careful!
Comment by
ekim on Jun 11, 2015 3:56pm
Be careful is an overstatement. You have to wonder if someone were to buy up the price with some small # of shares. ...wait for the bids to come in (build) and then unload a greater amount. Susceptible for sure. LONG...PGD EKIM
Comment by
ekim on Jun 11, 2015 3:58pm
They are so lucky to have raised that $4 million. Dundee or not, if they had no money and were to finance now...they would have to use inside money or give a big discount. Next financing after this $4 million is burnt through...is going to be very difficult. EKIM