Absurd? Are Investors pumping up POGT becaue of claims in the NWT? Or Why?

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BAIRES2

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Absurd? Are Investors pumping up POGT becaue of claims in the NWT? Or Why?

in response to

Re: Welcome to the board

hansix

posted on Jul 07, 2011 05:49PM

Hansix,

Who's investing in POTC, and why?

It's not a pre-development company, it's a pre-exploration co.

Portage Resources Inc (POTG.PK ) share price is bizzare, ok "absurd". As you said,

"This article illustrates another form of market disconnect to value, as POGT is a pre-development company that is "hunting" and sports an mv of (hold onto your hats) $471.5 million'

http://www.pinkinvesting.com/article/view/Is-Portage-Resources-Inc.-NDA-PINKPOTG-Stock-Overestimated_1921

More about POGT,"As of May 31, 2010, the Company was seeking another mineral claim of merit in either the Yukon or the Northwest Territories in Canada. As of May 31, 2010, the Company had not undertaken any exploration activity or generated or realized any revenues."