To All: referring to post #8578 (THE GLOBE ARTICLE);
There was some concern that these analysts covering PFG were very positive on the property, resources, and the ongoing work program, however they were cautioning "that partner Barrick Gold Corp. of Toronto, which has the right to acquire 70 per cent of the project, may decide that it's too small to bother with."
Analysts are now realizing that it could be in PFG's best interest if Barrick walks as the group that CMS and company have put together, including Tony Petrina and Bill Myckatyn, which are amongst the top development and production engineers in the industry, having personally been involved in developing numerous mines. Not to mention Tom Shrake and his knowledge and abilities.
I hear that a letter to the Editor will be published in the Globe clarifying these points, expressed by PFG.
I thought it was important for everyone on this thread to realize that with or without Barrick, there is a very substantial asset on our hands. And as mentioned previously, there is a number of options that PFG can pursue, all of which adding considerable value to PFG and ultimately the stock price.
Regards,
Ric Staya |
