Ann: Northern Star Underwrites PolarX Entitlement Offer, page-92

amazongirl,

The points you have raised are all valid, and I think all shareholders who have been disgruntled with the time it has taken for PXX to find their feet should be concentrating on the now.

The gold price continues to climb reaching new highs as I type this. Up another 20 dollars to 2366.00. The timing for PXX to establish long term relationships with NST could not be better. Throw in a nice copper price with the prospects of it going higher in the next 12 months and you literally have a company with a current mkt cap of just 25 million dollars and the ducks are all lining up.

Why any shareholder would be considering selling at this point in time continues to amaze me.

Two years ago this company got to 4c per share and it did not have the gold and copper prices that we enjoy today nor did it have NST as a big brother.
Add on the fact that a recent positive scoping study significantly improved the economics. Much has changed in this companies fortunes.

The only good thing about the current share price is it has given every PXX shareholder the opportunity to either top up or average down . One does not always get that opportunity after so many positive announcements have recently been made.