PRX 0.00% 0.2¢ prodigy gold nl

Ann: Further Extensional Buccaneer Drill Results , page-51

  1. 213 Posts.
    re: Ann: Further Extensional Buccaneer Drill ... Don't worry about the amount of shares on issue, look at the market capitalization. At $122m (current cap) there is a significant potential upside. Many stocks with similar resources are worth $300m. If ABM can increase JORC resources to 3 to 5m ounces then the market cap could go anywhere up to 1 billion. Who knows what could happen if they go beyond these levels. You have to look at the drilling results and ask does the ground look like it has this type of deposit in it? From the drilling I have seen I am betting very much that it does. (I am no expert though)
 
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