Post by
teddygva on Aug 30, 2017 2:08pm
Better results/drilling needed
to raise the sp and attract investors who can fund the project.
How much do pgd has in the ground ? 1 billion or 2 ? or more ?
Comment by
ekim on Aug 30, 2017 2:20pm
Have what in the ground? 1 or 2 billlion what? Not too many juniors can say that have NPV $$'s in the ground. PGD is moving from half billion NPV (after tax) to close to a billion NPV (after tax). In terms of revenue...yes, billions in the ground to get those NPV figures. LONG...PGD EKIM
Comment by
racer-x on Aug 30, 2017 2:36pm
This project is off the chart now ch6 high grade two to three times bigger to 500 meters and still open at depth we are talking tens of billions overall, look at the big picture ...
Comment by
lovecarats on Aug 30, 2017 2:48pm
Try possibly 5-10% larger with EKIM's assessment. Nothing much more, if that. Typical volume variance during detailed drilling IMO. LC
Comment by
Silverwhere on Aug 30, 2017 3:01pm
Sorry folks but lovecarats is wrong. PGD is increasing this resource by far more than 5-10%.
Comment by
teddygva on Aug 30, 2017 4:25pm
1-2 billion $ people think there is 10 times more than that I would be happy to see how they backup this statement...