PDI are only an explorer, I don't think daily gold movements will affect PDI much... $30m marketcap at 5c, 600m shares on issue after taking in consideration the recent raise... I have never seen such high grade and width intersections so shallow before...WAF is also in West Africa and they are about to mine 300,000oz per year at less than $500/oz... They have a JORC of 3.1m ounces containing 800,000oz at 19.5g/t... The rest is low grade, less than 1.5g/t... The economics are great for them and the economics will be even better for PDI if we can keep digging up >5g/t from surface.... Imagine what's below, they have only drilled 50m deep!! This is just getting started imo, more than 450m long and open in all directions
Ann: Outstanding Drill Results from New Gold Discovery in Guinea, page-182
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Mkt cap ! $540.7M | |||
| Open | High | Low | Value | Volume |
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