PRX 0.00% 0.2¢ prodigy gold nl

possibility merger with tam, page-6

  1. SCD
    3,438 Posts.
    Thing is all gold companies are under enormous pressure by substantial shareholders to diversify sources of gold production and to achieve a certain number of production ounces, resources and reserves.

    Both companies have limited cash and ABU does not need the lost time to construct and challenge to raise capital to fund a plant, so I don't think ABU has the option to go it alone.

    Looking at the trading chart, it seems a potential cup and handle formation may be in the making with the next stop at 7.2c perhaps driven by the pending drill results if they are anything like the ones we got today.
 
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Last trade - 16.12pm 03/10/2024 (20 minute delay) ?
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