PRX 50.0% 0.3¢ prodigy gold nl

re: Ann: High Grade Gold Results from the Gol... “For your sake...

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  1. 14,439 Posts.
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    re: Ann: High Grade Gold Results from the Gol... “For your sake I hope your right about the figures you put up”
    Scorp, The figures I put up (before the scoping study was completed) were very close to the findings of the scoping study.
    So they are no longer my figures, they are those that have been determined by the consultant that carried out the scoping study.
    Maybe they will be made more conservative and adjusted down a little on assumptions, but that should be more than offset by the now significantly increased resource (pending jorc resource upgrade), and likely deepening of the pit after the eastern vein discovery. More additions are likely, along strike and at depth. The risk to the cash flow numbers is to the upside, not the downside.

    “(Chuk) just repeats stuff 100 times”
    Well it looks like I have to repeat this again too;
    Look at the chart over the last 3 years and tell me how you come up with a statement like this.
    “If the company consolidates 1/20 or 25, it will have a better chance of climbing higher too.”
    That is an illogical statement that also gets repeated multiple times. The market cap relative to likely earning is all that matters.
    If anything is going to be repeated, better if it makes sense.
    The chart clearly proves that the number of shares do not prevent this stock from moving up or down by large amounts.
    Why do people bother repeating such illogical statements?

 
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