Pretty complex issue. It would seem on the face of it that the 40 plus million is "in the bag" and that is still a reasonably large chunk of capital. Getting it done and over with it is in my view a significant milestone in being able to agressively move forward.

I think this action also clarifies the recent programed price control. The company would have known this was coming down the pipe and might have wanted to avoid the optics of selling a huge block at .80 of a stock trading at .90 plus.

Whatever lets hope the "last shoe has dropped" and now perhaps followed up by whatever drill results are outstanding. We might be in for a "confluence of energy"(didn't want to say Perfect Storm) in that some stablization of the European mess could let markets return to focus on fundamentals at a time when PDG might have positive news to share.

Price didn't make to 1.00 plus so I didn't make any Vegas plans. Have to explore Mexico and reserve Vegas for some future date.

Onward and Upward