PGO 0.00% 8.4¢ pacgold limited

Hey @speculator101 and others. Sorry for the delay but I had to...

  1. 2,254 Posts.
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    Hey @speculator101 and others.
    Sorry for the delay but I had to wait for them to get back from Coolgardie which was late yesterday.
    Had a call with Garry at 1pm today.
    My description of the call in a word is "positive".
    He has been in the job for 100 days and suggests we keep in mind what has been done in that short period and what early stage we are at.
    I think we need to remind ourselves to have patience, after all look how long startups take to move from a few cents and what can happen to the price when background planning and hard work are realised.
    Obtaining approvals for mining is somewhat frustrating process due to the time and energy it takes BUT, the schedule has NOT changed and we are still on for Q4.
    He encourages anyone interested to catch up with him at Diggers and Dealers.
    He is very positive about Coolgardie in terms of exploration potential and is exploring all possibilities of toll treatment to a facility refurb so we need to go through multiple choices at present.
    I am still very positive about this company and look forward to the coming year.
    Can't comment on more funding but it does look tight to get us into production at Coolgardie depending on how smart management are in equity deals.
    Hope that helps and remember that the wording above is my translation of the discussion.
    I would also like to express my gratitude to Garry for the time taken out of his busy schedule to talk to a shareholder.
    Kind regards, W.
 
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