A sign of things to come?

All,
I know there has been a lot of negative postings in this forum and it is easy to get dragged into that way of thinking. I try to do my own research and connect the dots. My post regrettably is not a positive one.

What I have recently done is connect the dots between PRL and CDG.
CDG has just gone into Voluntary Administration (see ASX announcements). I was told to have a look by a buddy of mine (over a few beers) a couple of weeks ago.
The Chairman of CDG and the Chairman of PRL are one and the same by the looks of it. Is that right?
This doesn't make sense to me, can anyone confirm please?
If they are, that cant be a good thing for us.