PRX 33.3% 0.2¢ prodigy gold nl

With the gold price rising why don't they lock in a hedge,...

  1. 1,327 Posts.
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    With the gold price rising why don't they lock in a hedge, re-read their 2013 Ann report and start the on-site gravity feed processing plant like they said they would do in the first place.

    I doubt this would happen as the idea is too easy; 7 g/t at 87% recovery looks good to me. But I would say they would never admit they stuffed the company with the TAM deal; they would rather sink the company then admit they should have followed the mine plan for OP as detailed in 10 plus pages in the 2013 Ann report.

    Yes they would rather sink back to the low levels of explorer then step up to the producer level and make money for shareholders. Maybe there just not good enough to make the grade and they know it; a bunch of whimps!
 
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