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Re: davidjk post# 8179

Wednesday, 03/02/2011 8:07:59 AM

Wednesday, March 02, 2011 8:07:59 AM

Post# of 26631
I'm not saying PDI won't get a share of the pie, I'm just saying that it's highly unlikely they're going to be pulling billion dollar contracts as some have suggested. Not this soon, anyway.

That's also not to say that I don't think PDI is a nice bonus, but it's important to realize exactly what it is ... gravy.

As I mentioned in post #8014, Sococo and Techpromin designed Molejon. PDI isn't the only player, but I look forward to seeing what they can do when they take the field.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60208847

So I'm cautiously optimistic about PDI. It's like when PCFG spun off ORGG. I got enough ORGG shares for a nice night out on the town. I expect PDI to be much more valuable than that, but I don't expect it to dig the next Panama Canal either. To be honest, I'd be astonished if they didn't get at least some of the work for Cobre Panama. I think my previous estimate of PDI's potential annual income was around $100M and I'll admit that's entirely a guess on my part.

Pp. 44-47 of the corp presentation outline what PDI is planned to be, and they paint a pretty rosy picture. I'm very happy to be getting my 1:4 PDI shares.


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