PGO 4.76% 10.0¢ pacgold limited

wtf, page-5

  1. 106 Posts.
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    For my part, I hung out to the last.

    But remember, we as shareholders permitted this.

    They flashed the cash and we took it - didn't make us.

    No one else was interested.

    The Chinese have become expert at acquiring fields of potential that require work and investment and take a long term view.

    There would have been a few setbacks on this between the weather, obtaining permissions and commissioning the mine. I think , the MD saw the writing and opted out for a quick dollar and safe exit.

    MRP took the money and got out, the rest took the money and lost it somewhere else.

    The choices have been all ours ( up to 50 % )

    There will be more of these scenarios across the bourse with similar fields of potential.

    To illustrate, I hear that in WA there will be a Lithium processing plant to be commissioned near the port - nearly 1 Billion -

    - my question to you - is why is it Chinese ? and Not Australian ?

    Can't be arsed, will sell the nation out - from resources, to businesses to farming and prime property

    - You are witnessing the Sinofication of Australia before you and we were all part of that in PGO
 
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