the total reserves are about $1.16million oz now, whats so wrong about getting reserves to 1.5m oz and extending the mine life from 8yrs to say 10-12yrs.
Isnt that a good tactic to do?
Hopefully the stock will do what happened after the placement a few yrs ago to get the drilling underway, the stock more than doubled, hopefully we can at least double from 13c and see 26c in a few months or in a couple of yrs at most.
The placement had to be done, sure at 13c it sucks, at 17c could have been better, but LT im 100% sure gold will be over 2k and pxg will be making a killing when we get castle hill into full production and we have no more placements, hopefully after this one and the entitlement offer.
If I had more cash I would definitely be buying more on market at 13c, its gonna be the steal of the decade one day.
raising, thoughts & jon, page-10
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