TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Message: Re: Old Faithfull.. - h_rattle
4
Apr 13, 2011 09:17AM

<<< Results are okay - grades are not exciting but at $1,500/oz gold that's fine.>>>

You have no clue, what you´re talking about, right ?

We are talking about consistent results in a range of 200-300 gram-meters gold.

This IS exciting and the market will pick up on that until PDG reaches a peer valuation of around $70-100 per oz. in-situ, which should give us a market cap between $175M-$250M or $0.80-$1.15 / share. And that´s just based on today´s ounces !

Grades under 1gpt are and were mined in many bulk tonnage mines around the world, even profitable when gold was sub $1000 ! Do some DD !

FANTOMAS


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