Pelangio Exploration Inc PGXPF

Pelangio Obuasi Litigation New Release

[Scoophammer]

For someone who claims this company is "grade A garbage" and an "exploration junk company", you sure are caught up in posting about it.

 

Why not move on before the consolidation you say is supposedly coming?

 

Funny how in all your deep analysis of Pelangio you havent mentioned last week's news release about the litigation on the Obuasi property finally being resolved. That's the property beside the giant Obuasi mine.

 

You know the Obuasi mine, right? The prolific gold mine next door to Pelangio"s property. The one ran by AngloGold-Ashanti. The one with 33 million ounces of gold produced.

 

Yeah, so Pelangio havent been able to work on their exploration property next to that gold mine for quite awhile because of a court injunction on some of the licenses. But now the injunction has been removed and they are actively planning an exploration program for it. Very exciting stuff.

 

I'm surprised you missed that news and havent posted about it.

[ggrellette]

Thks for the response. I must say you have come to the defense of this company when even the IR representative I spoke to do not go as far as your post did. Never mentioned about the news which I must have missed so thk u for alerting me. IR Rep did not pitch the company other then to say essays are pending. Never spoke about the litigation that has obviously driven the stock price down to this

[Nibinator]

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