PXG 0.00% 15.0¢ phoenix gold limited

$1 an ounce, page-16

  1. 1,369 Posts.
    Dott,

    Can I please have my 20 seconds back it took me to read that rubbish? AS DW said, conceptual study showed c3 at less than $1000 and capex is very low for 100k oz/pa.

    What makes you think this is not going to be econimical? I don't think 'this lot' ramp either. All evidence presented shows that this will work, we may find out down the track that it might not, but for now it is a very compelling investment case. Of all the stocks you could you have written about fanciful resource numbers you do it on here. Do you do the same on AMX, GRY, PRU etc??

    The numbers stack up and have plenty of buffer at gold price of $1200. Where are you getting your numbers? They may double the shares between here and production but they will get there unlike a lot of other useless hopefuls.
 
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