PGO 9.76% 9.0¢ pacgold limited

Ann: Target's Statement, page-11

  1. 538 Posts.
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    Having been a merry little cheerleader (believer) in this company and Garry's reputation (prior to this experience obviously), I feel the need to apologise to anyone who was influenced by my posts on PGO over the last coupla years. Obviously all came with the disclaimer to conduct own research, yadda-yadda-yadda... But, yep, got this one wrong, mostly my backing of management to take us mining.

    Garry Mills, in my opinion, is a sh*t bloke who blatantly acted in self-interest over that of shareholders. He was highly paid by way of salary and options to take us to production, but didn't mine so much as an ounce of bloody gold despite running his mouth about being an A-grade miner and not a marketer. All coming out in the wash now (support of this deal, retention of management by Hanking if/when deal goes through, no doubt with handsome incentives).

    A done deal from here. If you don't need the capital, ride it out. I saw better value elsewhere and sold mine this morning.

    All the best for future investments. Great mob on these threads, always constructive.

    – Alby
 
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