I think the quote, intended or not, accurately reflects PDG's current situation. We are explorers who think we will be allowed to be a miner. There's still a risk we could be taken out with the low market evaluation. The average value of the target prices posted by Bill is just over double the current share price. Not all of those analysts are just talking their book. Stonecap and Haywood did not participate in the last 2 financings but are listed as analysts who cover PDG. Casimir, Paradigm, NAt Bank, Byron and Pi participated in this year's financing while MacQuarie participated in a PP and financing last year. The target price average would bring the EV/oz value of PDG to the peer group average of $ 70, so they are posting reasonable estimates. When OSisko took over Brett in 2010, the prize was 6.7 million oz inferred, grade 0.8 g/t and cut-off of 0.3 g/t. PDG has better grades, higher cut-off and mostly indicated resource, so we will be on the radar.
