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Pike

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Pike

Re: Steuvin post# 3751

Saturday, 10/19/2013 5:47:53 PM

Saturday, October 19, 2013 5:47:53 PM

Post# of 4034
PGRX holds the card that shows it is furthest along in the project. Debt is debt and given the amount of potential resources is not a bad thing. The lawsuit will go away because it baseless. PGRX will be the first to financing and first to production and will most likely force merger with passport.

I don't foresee a bankruptcy especially since that Chinese company is offering them money to get them through the definitive feasibility study. PGRX will have financing within weeks of the final study and will start the mine construction in Jan 2015. Passport wont be there till roughly Jan 2016.

Either way I am invested in both and at least one of these two companies is going to succeed.
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