I guess this is why we are going great guns this morning,...
From the News Release.
RI: I look at your share price and compare it to your peers and it’s instantly clear to me that you’re being discounted for something there?
BM: We see that as well. Right now we’re trading for $25 or $26 per resource ounce in the ground and our peer group, those with an advanced project in Eastern Canada, are getting upwards of $150 per resource ounce in the ground. That does make us dramatically undervalued but perhaps that is the opportunity that we’re presenting to the investment community and recognizing that we’ve only had this resource out for five days and the PEA is still coming, drill results are forthcoming and a new resource update in the middle of the year followed up by full feasibility. There will be plenty of benchmarks along the way for re-valuation of the company so that we do achieve the valuation that our peer group has.
PRODIGY GOLD INC. |
11:19:34 AM EDT |
|
|
Symbol |
T |
Bid |
Ask |
Last |
Change |
Volume |
FSI |
|
|
PDG CA V |
+ |
0.63 |
0.65 |
0.65 |
0.12 (22.64%) |
1,798,955 |
|
|
|
Bid Size |
69 |
Ask Size |
42 |
Earn. Per Share |
0.00 |
|
|
Day High |
0.65 |
Day Low |
0.54 |
Price/Earnings |
0 |
|
|
Open |
0.55 |
Yield |
0.00 |
Dividend |
0.00 |
|
|
52 Week High |
0.58 |
52 Week Low |
0.19 |
Ex-Dividend |
|