Re: NEWS RELEASE TSX.V PDG.....exploration
in response to
by
posted on
Jul 05, 2012 11:39PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
is what pdg is about irrespective of what management says.......about being a producer.....it seems that all their past actions were the same... hype the shite out of the latest play..... when things are beginning to get testy in the head office.....divert the sheep with another play....pray that the little sniff you get will allow you to go back to the sheep for more money.......
so here is my littlle theory......magino is about as close as they have to being sucessful in exploration... they will spin it off to form a new company with a cash infusion of 10 million.....and each of us will get one share of magino for every 10 shares of prodigy......prodigy will have a 50% interest in magino(because of the cash infusion)......magino will go to the market and raise additional capital
for a company starting with a float of 40,000,000 million shares...dilution will not be an issue if the supposed december feasibility study does vaguely mirror the current pea......prodigy is in a very awkward position right now..... i am guessing that they can forsee that the marketplace will not reward them for magino....and the banks will not be lending them what they would need to develope magino as a producer.....the vultures i mean the venture guys will want too much for their speculative money...so prodigy has to create a diversion and for the sum of 300k and a few shares of the company and with no commitments on exploration on that property they can begin the dog and pony show....again....in the meantime magino can side step the vultures temporarily
what is going to p....ss me off is when they do a 10for or5for or whatever consolidation of my current shares....what the hay thats what suckers like me are born to do.... stick with the dog an pony people maybe i will get lucky.......