PXG phoenix gold limited

82% of options converted by holders, page-42

  1. 940 Posts.
    loki, Alex probably got his information from his broker who told him about the issues faced by KMC before suspension.. So i suspect there is some truth in PXG making a deal with KMC etc....

    Even with crappy assets good management can make it work. I highly doubt PXG will go into something just because it feels charitable.. there must be money to be made or it is trying to protect the interests in getting the mill functional (toll treatment of pxg ore).

    I do not hold. Just on my watchlist. Just one question about this company to those who know it better. The gold grade is low but near surface. However seems to be spread up over quite a few areas. Do they have at least 500k within a 5km radius?
 
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