Hi Alby, While I am not a holder and understand if you don't...

Hi Alby,

While I am not a holder and understand if you don't view my interest as simply that of a potential investor (even though I am), I have to ask, did the company really explain everything to you?
I mean, back in June, the latest announcement stated that the PFS was due early in Q3. With mining on the starter pits occuring in Q4. Yet.. we there is no PFS released, no toll-treating agreement, no mining contractors contracted, they have $4.8m at June 30, but projected to spend $2m in the Sept Q, so they will now have perhaps just $2.5m in the bank, yet plan to strip pits etc etc?

I really like the ground that PGO has, but... the relentless downward pressure on the share price, the lackluster scoping study of Mount Bundy (I say that because the market seemed to go ho-hum about it).

I can only assume they are going to have to raise some capital before actually undertaking the mining to come? The company is cheap, but.... their announcements for the past 6 months seem to keep missing their target dates.... (below, lots of ticks, that have not been met yet.... its now the middle of Oct).



I appreciate your views on this, as the PGO threads are fairly quiet.