Ann: Additional Highly Prospective Tenure Acquired at Newman, page-33

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JandJ

9,996 Posts.

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20/03/24

16:56

Post #: 72980527
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Originally posted by Black Cat: ↑

J& J Get your facts straight mate.. I held ground near CMM at Bibra and hired George Merhi to do work on my tenements. He recognised the potential -'elephant country' in his own words and I brought him into the tent and we pegged the guts out of the Newman area. I then plainted the Deadman Flats area and brought in the best silk in town at about $500 hr and I won the plaint. You have to have balls -all my doing okay.
That area was the key to attracting the Apollo Group to back us in a new IPO or PGD would never have been born.
I found the historical data on the Birdsnest and Peninsula area and pegged it with Merhis impramatur.
Prior to meeting me Merhi had never pegged a tenement in his life or been on a listed company board.
Then Merhi did a great job with his team and discovered Birdsnest -Peninsula and Tin Can and let's hope he can now find a mine. So credit where credit is due -that's his forte and I will never resile from giving him full credit for the discovery.
Then he moved PGD from the Apollo Group - Peter Woodman resigned and they enlisted Brian Thomas and Mark Creasy. Thats fine and having his old mate Mark Creasy backing PGD is very positive for PGD.
I have a lot of ground too around the discovery areas and a lot of iron ore as does PGD upon the tenement I plainted and vended into the new listing.
I would like to see the iron ore developed but despite my best efforts it's all to hard now in WA . Why I have moved into Guinea and in only several months have a few billion tonnes nailed down in a granted tenement. Guinea is going to decimate any small iron ore players here but I live in hope someone will take an interest in the high grade PGD iron ore.
( I also found the historical data on the multiple pegmatite phases Bramall Hills the ICG story -an old fella 86 - but I suppose that story will change too hey when I am not around to keep the records straight )

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Gee mate, well I did not know that and all credit to you.
Anyway my gripe was the comment 'small team' - needs a JV to get get out of short pants (or words similar) - and your story just reinforces that sentiment.

GL in Guinea - so much talk now about Africa having a massive future. I have never made a buck and lost a heap on that Discovery T/O debacle.

Cheers - I'm backing PGD, and also ICG in this upcoming commodities cycle.

PGD Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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