re: Ann: FIE: Becoming a substantial holder f...
If we look at some figures we can see that PRE has about 90 times more gold value inground than their market cap.We dont seem to get publicity from the board on this. Are they on a lot of other boards as some directors in a lot of cases are. Too busy playing golf and discussing all the other co's going's on. No talk about selling the ore which is at ground level that PRE has or getting it toll treated, or getting another firm to take the company over ...get something going.Say we get another director to spend ALL their time just on PRE ....and make it far more conservative by reducing the value to ..say 40 times the market cap...just to get some interest going....well say it goes down to 30 times the cap so anyone else feels really secure who may be interested in doing some thing.As it is the interest being shown by the board at the moment is absolutely.....................................................................NOTHING
PRE Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held