PGO 5.62% 8.4¢ pacgold limited

Ann: Hanking Australia - Change in substantial holding, page-25

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  1. 38 Posts.
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    I have to also mention the rate if interest is gong up, if anything the refuge for investors will be gold.
    IMO people would be stupid to let these assets go.

    Dr Qiu must be burning to scoop those assets. IMO those assets value would be worth around $80m to $100m and Qiu knows that. He has been sitting on the board all this time and knew what was going on. Coolgardie's drilling did reveal good grades but were never announced properly on the market.

    If everyone can remember, announcements were always with a big bang with Patrick Walta and that changed when Garry Mills took over. Garry Mills also mentioned that there was going to be a board shake up which was in the media when he took over, but this never happened though... why?

    PGO is ready for production people and who ever takes those assets to production will rip the benefits and as shareholders you want to be part of that crowd, there is money to be made.
 
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