update on las lagunas project, page-41

"The Company remains confident of the process plant design, management’s operating capability, and the financial robustness of the project."

I'd guess the 'sophisticated investors' who just got shares at .15 in the last weeks either feel they were fooled, or more likely they knew about the equipment delay and put their money into PGI anyway, instead of just waiting a few days for a much cheaper price.

Why would they do that? My only reason would be, I already had a lot more invested in PGI's success, success was much more certain than a bankrupcy, and my new 'loan' to PGI was needed to make sure it happened.