Stockmule, I would sincerely doubt PGLC is funding BHonig's purchases. That would have to be reported in an S1/A is my understanding, if not in the quarterly filing.
It makes no sense to me for BH to be funding the company AND then accepting from the company funds already provided the company primarily by his plan whatever the heck that plan might be, to purchase shares on the open market or away from the market.
Recall if you will the muse posted here on Friday 4.4 asking if any on here were willing to wager BHonig bought the 500K block sold and showing as a "red line" on the buy/sell graphic below iHub's daily action chart, you know the one that showed up just before the close on Fri.
Voila. 4/7/2014's Edgar filing appears to show that exact block and BH purchase outcome. Until one sees Barry's endgame actually play out, BH's constant purchases could be interpreted as an act of desparation. Apparently, he is the only big block buyer interested in PGLC in the "recent past." Now, apparently in the foreseeable future as well, for as far as the eye can see at this time.
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