Over the years possably the biggest concern raised by shareholders on another board has been the lack of information-I recall ''huge news'' about drilling programs-then nothing.Maybe thr asay reports were buried in some other news,it seemed that when the results weren't as expected-we were given something else to ''anticipate''.I recall people asking ''when would PDI be spun out?''[we were told ''by next spring-at the latest'']....and then nothing.I recall people phoning IR-and not getting return calls.I don't know how many IR people we've had.I recall ''experts ''coming on board with great credentials-then quietly leaving.Nobody said why
Ever since Copper was spun off[we were SUPPOSED to retain an interest-but didn't]the performance of the stock has been DISMAL[from $3 to present-about a 90% decline].There have been several abortive attempts to get the SP back on track-all of which were a flash in the pan.I do not recall even one production estimate being met....and all this while the gold market was booming-and we languised.Sorry if that isn't what people would like to hear-but theres a few people here who DO remember,some hoping to just break even.It was probably more luck than anything else that I took my profits[could be something to do with NOT taking my profits on other ventures-and watching them vanish.]Success isn't free....
I personally believe the company will be broken up and sold-the land to FQ[when they are good and ready],the overseas operation as another company and PDI still another.I would put my bets on PDI-not the gold,which tends to be fickle.I suspect the reason why PDI hasn't been spun oou is more to do with the creditors disallowing it,they want their collateral assets to remain intact
don't know-but those are my opinions
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