That PDG is being severely held down right now? It's showing all the signs of a good break out and in a tough market too. Usually that means big institution buying when you see one stock that's green in a sea of red.

I picked up 10k shares this past week and plan to start buying more soon while we're under $1. Don't kid yourselves, I realize the history of this stock with the KXL past has been beaten down for a long time now, but people ARE starting to take notice and 2 million indicated, OPEN PIT ounces in prime land in a very stable politcal environment is and incredible opportunity at these levels. Not to mention it really sounds like they have high potential to increase the pit from 300m to 600m deep, essentially doubling the resource to at least 4 million ounces.

Someone had asked why PDG is so much lower than GCU. I personally feel a lot has to do with the number of shares outstanding, PDG around 220 million where as GCU has roughly 100 million fully diluted. So that cuts the price in half, then you calculate the resource size and although GCU doesn't have a 43-101 yet (until Aug/Sept) their drill results indicate an already 5.5 million ounce deposit with the potential to expand to 10 million. So that is currently double the resource size of PDG which cuts the PDG SP in half again (to roughly $1 in this very harsh environment).

With that all being said, GCU has taken a serious beating of 20-30% in the past week whereas PDG hasn't moved much either way. I would rather take the non movement rather than the 30% loss personally but I got both because I also own 10k GCU :(

Regardless, I STRONGLY feel PDG is worth $1.75-$2.50 as it stands right now since GCU should really be worth $4.50-$5 and compared to TRR (another stock I own) GCU is undervalued.

So if you connect all the dots basically PDG should move well north of $1 in the next month and GCU and TRR will most likely move as well up (to $5 and $6+ respectively) since they're also open pit deposits in Ontario.

I didn't mean to turn this into an infomercial for stocks that I personally own but I've been doing TONS of DD an trying to keep things in perspective by comparing the valuations and pros/cons of each.

As far as I'm concerned PDG is the easiest to mine and most likely the best target for an up and coming junior miner to buy out. As they do the feasibility study they will jump them that much further ahead and this sub .70s shenanigans will be WAY in the rearview mirror IMO.

We'll just have to be patient for a little while long and see how it goes but after all the bitter KXLers are done selling at bargain basement prices we'll be moving up quickly if I had to venture guess.

Cheers.
Gamblor.