PGO 1.18% 8.6¢ pacgold limited

24c target from Patersons, page-65

  1. 747 Posts.
    lightbulb Created with Sketch. 38
    Comparing apples with oranges again.

    Goldstrike double refractory ore using a thiosulfate leaching process v the RR flow sheet.

    Do some research before you open you mouth again. I'll help you out. Start with the Valencia feasibility study done in 2006 that Snakey Pitt posted recently. Look at the CAPEX and OPEX. I'll give you the big tip it's not $500m.

    As for the broker selling ask yourself a few questions. how big is Patersons? How many brokers work for them? When did their clients float this company at 20c and did they watch it go to 1? Were they the only supporter the last few years at 1c? Are they now up 13 times? Would you sell?
 
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8.4¢ 8.6¢ 8.4¢ $8.633K 101.5K

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