As for PDY, I can see them going nowhere, fast. Cash won't last long, the sub $4mill includes whatever cash AGU has, and if T.Q. is to become an exec. chairman, our wages, rent, power and other admin. costs are going to blow this money in no time. Where is the cash going to come from for more drilling, and to pay the lab for all those samples that have been sitting there all year waiting to get assayed? Just imagine trying to do a CR with NO fresh news, and at .4 of a cent per share, they'd have to flog 5 billion to raise just $20 mill. No one would ever buy a large volume in any case. Don't know what magic act they can perform to get some interest generated in this company, but they better do something soon, or there'll be no PDY, nor any of our investment left either.
PDY Price at posting:
0.5¢ Sentiment: ST Sell Disclosure: Held
