I agree with you that this is the new normal, in my opinion I think its going to get worse before it gets better in world markets and Juniors get hit the hardest, always a good time to buy if you can wait it out.

I would love to be around the $1.00 mark, I have always thought this is where we should be, but the markets dictate where PDG should be I guess.

With the recent buyout of Trelawney at $3.30 per share, I beleive there is a market for low grade gold deposits especially in good mining areas like Ontario, thay had less than a million ounces proven and a lot of infered ounces with lots of drilling still to do to prove up those infered ounces and lower grade gold than PDG. So I am very optomistic that the Magino site will grow to be a large deposit.

You must remember that we are starting out at this point with almost 4 million ounces and over half of that amount proven, Trelawney had six million and were bought out, so I feel that we will all do well, we just need to be patient.

bcdom