Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Ed Ajootian who wrote (32853)	2/13/2007 10:50:22 PM
From: Mr. Aloha	Read Replies (1) of 78418

Thanks, Ed -- With a market cap close to $100 million after this financing for an early stage explorer, can you please show how PGDP is very undervalued? PJO seems to be far more advanced, in the construction phase with far more resources defined, so not really a peer. PGDP's lack of cash and need to do a lot more drilling and studies means they'll need a lot more dilution before they get to PJO's stage, so I'm having trouble seeing how they're very undervalued. I have an easier time valuing the late stage juniors with huge deposits already proven out, so please help me understand PGDP's undervaluation. Thanks.

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