Agoracom: Small Cap Investment - Prodigy Gold - Re: Old Faithfull..

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

FANTOMAS

Rank: President [?]

Points: 21666 [?]

Votes: 385 Score: 3.7 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Old Faithfull.. - h_rattle

posted on Apr 14, 2011 05:13PM

<<< Results are okay - grades are not exciting but at $1,500/oz gold that's fine.>>>

You have no clue, what you´re talking about, right ?

We are talking about consistent results in a range of 200-300 gram-meters gold.

This IS exciting and the market will pick up on that until PDG reaches a peer valuation of around $70-100 per oz. in-situ, which should give us a market cap between $175M-$250M or $0.80-$1.15 / share. And that´s just based on today´s ounces !

Grades under 1gpt are and were mined in many bulk tonnage mines around the world, even profitable when gold was sub $1000 ! Do some DD !