PXG 0.00% 15.0¢ phoenix gold limited

december quarterly, page-6

  1. 10,357 Posts.
    lightbulb Created with Sketch. 603
    looks like ill be able to buy some at 25c or less after all, short term chart is a decline now, looks like it was a double top at 35-37c.
    glad i didnt load up at 32c like i was planning, patience is always the key, i still think LT if management dont screw up and they continue to grow the resource base and gold prices hold around $1600, we should be around 50c or so this time next yr.
    but if we get another 2008 style crash, which i personally think is a 90% certainty in the next few yrs, and PXG cant get funding for the mine or expantion, i think we would be back to 17c or less, even if gold prices hold around $1600.
 
watchlist Created with Sketch. Add PXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.