As I said on the PGLC board, the author of that Seeking Alpha article seems like a shill to me. Four puff pieces in as many months, and now we get an "interview" with Alfers.
I believe there is fear among insiders and big holders that we will all dump our PGLC shares when we receive the distribution. Well, such a fear is not unreasonable. Almost all of us have a nice profit, have watched PGLC plunge lately, and can just stand aside and wait for a cheaper buy-in price, if we are interested in the company and not just the arbitrage discount we got.
We dodged the drop because the arbitrage gap was closed by PGLC's plunge, while we essentially stood still. I'm glad I bought CRGC and not PGLC. Aren't you?