TODAY'S DISCOVERY, TOMORROW'S FUTURE

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Message: Re: Take Over..
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Dec 22, 2011 03:45PM
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Dec 22, 2011 09:52PM
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Dec 23, 2011 08:59AM

Technically it probably wouldn't be a PDG takeout... Remember Magino is property of PDGs wholly owned subsidary Golden Goose Resources... they could seamlessly sell this property and PDG will continue on as a very cash rich junior even after returning a fat dividend to all of us hardcore holders. Maybe even retain a nice royalty for cash flow going forward. If all this did happen they would need to acquire another promising property(s) and do it all over again. They do still have Milestone and a few others. I always wished they would have drilled some more at West Geraldton... remember the nice grades and widths there? All this said, IMO if we see them restart exploration at any of these other properties early in 2012 a Magino buyouy likely in the works. I wouldn't be complaining. Finally return some value ($) to shareholders. Has been much talk of this but unless you first bought sometime this year you are likely still losing bigtime.

red911


Dec 23, 2011 09:52AM
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