PRX 0.00% 0.3¢ prodigy gold nl

higher low?, page-13

  1. 13,820 Posts.
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    So its a crap stock because it fell from a peak of 8.2 in 2011.

    I guess by that definition it must be a great stock for having risen from a low of 0.6 of a cent from the 2009 low to 2.6c now?

    But hang on, is it a great stock or a crap stock?
    I guess the definition depends on the time frame?
    Or the definition itself is crap.

    With this sort of volatility, I don't see the sp as an indicator of whether this is a crap company or a great company.
    The sp is more an indicator of investor sentiment and the POG.

    Was it a better company when the sp rose in 2009 from 0.6c to 8c in less than a year? At the time there was no demonstrated economically viable gold resource and no known time to any sort of cash flow. I would say it's a far better company now with a positive balance sheet and near term cash flow.
 
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