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"Friendly aquisition" of Prodigy Gold (Oct. 2012) / > 100k ounces in 2012

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Message: Re: Portee? pay back
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Mar 19, 2013 03:14PM
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Mar 20, 2013 11:02AM
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Mar 20, 2013 11:23AM

Hi Konor,

I looked at FIS, but am growing very weary of exploration stage mining companies. They are burning through millions of dollars every year. This past year was $3.9 million, 2 years ago was over $9 million. Shares issued has grown from 50 million 2 years ago to 123 million last year !

Maybe they'll do well eventually and granted their SP has gone up significantly, but more PP's are likely which could negitively affect the SP.

I have made my speculative bets on 4 companies; AR, SHP, NOT and PG and maybe a couple more . This is more than enough excitement for me !!

That being said, Crius paying 11% and other like entites gives me a nice warm rippley feeling !

Rico

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