TODAY'S DISCOVERY, TOMORROW'S FUTURE

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

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Message: Gold shares tipping point?

No argument there. PDG does have an aggressive timeline with the full feasibility due in Q1 2012 and, if my memory serves me correctly, a mine in 2014. The current PEA resource size is 1.5 million oz but we'll see within 2 months how much they have increased it with the 45,000 m drill program. Someone else may try to acquire beforehand but this mine path is not unusual. I've looked at Brigus Gold as an example(don't own any). They were identified in the last Prodigy corporate presentation as having about double the EV per oz of PDG and have a lot of similarities. They operate a small mine in northern Ontario with about 2 million oz in reserves/resources with an open pit/underground combo. Their shares have dropped from a peak of about $ 1.86 in mid-July to $ 1.44, during a time when gold has risen steadily. The recent downward pressure on gold stock prices appears to have no connection with the price of gold.

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