InvestorsHub Logo
Followers 14
Posts 991
Boards Moderated 0
Alias Born 01/07/2013

Re: l2 hunter post# 2679

Thursday, 07/18/2013 3:05:18 PM

Thursday, July 18, 2013 3:05:18 PM

Post# of 4034
I've got to hand it to you L2, you are persistent. Some might call you annoying, and they might be right, but you are also persistent! Apparently you have much invested here.

While I am not overly invested here, you bring up a good point when you speak of buyout information. The Pre-Definitive Feasibility Study most recently conducted and released was nothing more than a marketing tool to attract major investor interest. Either PGRX will attract those investors and build out the mine on their own, or they will attract a mining corporation with some capital to buy them out, build out the mine, and start making good on the 2 billion dollar Chinese contract PGRX has in hand. I don't know that such news will come out at the luncheon on Monday, but the pre-feasibility study certainly makes PGRX a great buyout candidate at any date in the future. I would not at all be surprised to wake up one morning and read a PR which says someone bought PGRX out. The other lucrative alternative for shareholders is some major investors buy in and drive the share price North. I think this is a distinct possibility as well. There will be no announcement and no warning. Rather, the share price will just start creeping Northward for a few days, even weeks, as the investor(s) slowly buys in. Patience here will pay. The market makers make money off those who are impatient. Wait out their games until the prices rises. Weeks will reward; days will ruin.

Now is a great time to be in PGRX. Cheers.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.