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Large Mineral Resource: 5.5 Moz PGM+Au, 2.9 B lbs Ni+Cu (M&I) with 13.8 Moz PGM+Au, 7.0 B lbs Ni+Cu (Inferred)

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Message: Re: Prophecy Diversifies Cash Holdings by Purchasing Platinum and Palladium ETFs
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Prophecy Diversifies Cash Holdings by Purchasing Platinum and Palladium ETFs

RockLicker
Dec 13, 2011 10:02AM
Icon president Re: Prophecy Diversifies Cash Holdings by Purchasing Platinum and Palladium ETFs
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EodWay
Dec 13, 2011 12:28PM
Re: Prophecy Diversifies Cash Holdings by Purchasing Platinum and Palladium ETFs

kiyakker
Dec 13, 2011 02:04PM
I wouldn't say it was idiotic but I would say it makes little logical sense. We have 12m ozs of PGMs that are valued at $10 an oz! So why buy the metals at full price when he could buy back shares and buy PGMs for $10 rather than $1500! Voice this to management!!!! Sell the ETF at a loss and buy back shares! We have been going down on low volume and if the CEO believes in the project the share Buy back is the most logical choice for an investment vehicle. 
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Icon president Small insider sells
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EodWay
Dec 14, 2011 07:56PM
Re: Small insider sells

kiyakker
Dec 14, 2011 10:50PM
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