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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 411.94-0.4%4:00 PM EST
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To: IngotWeTrust who wrote (29226)1/17/2013 12:06:14 PM
From: Nevada9999  Read Replies (1) of 29622
 
I suspect PGLC is being set up by CDE to take out the Pershing County assets of RPM.v. That includes over 4 Moz Au in several resources including a major chunk of CDE's Rochester resource base where CDE forgot to file their claims. CDE can take a tax loss on Rochester, get out of the legacy environmental issues of a rather old mine and probably come up with a majority interest in PGLC by financing the deal. Now I need to find out how or if Continental fits in. This company only came to my attention a week ago.
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