PRX 33.3% 0.2¢ prodigy gold nl

ann: processing of high grade ore, page-24

  1. 2,527 Posts.
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    Might be that until we get definitive news on grades we won't see any movement. I see the fact the price is holding up in spite of what looks like fairly active/aggressive trading strategies around the stock as a positive, but would have expected a run today based on the gold outside of the quartz, the large visible gold pieces and general rhetoric around the gold they are seeing.

    However they've not yet given any indication of grades, not even any indication of their expectations on that front - possibly slightly surprising to see no mention at all given they've obviously feed some reasonable quantities of material through the plant.

    Me I'm hoping the grades are so spectacular that they are wanting to make sure they've got independent lab assay etc. ready before they release them so they can be prepared for the inevitable intense scrutiny the media and market will give them when they announce them, plus they also need time to organise the barbed wire fence around the site and on-site security once the market gets wind of whats out there ... :)


 
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