What a great day to hold PXG I say, I don't usually like to ramp, but I tell you what, exciting times ahead for holders. I spoke to JP a couple of weeks ago and they are getting heaps of offers for a chunk of stock and he is literally telling them to go on market. Patterson's have been buying, in the next couple of weeks we get the feasability study and more information coming through.. Gold Sales netted around 1m, and we shouldn't need to raise any time soon.. Basically he is getting told by brokers to keep drilling like crazy.
30c immediate target today and then support I believe. If you look at the charts, last time we hit 30c, PXGOA's were @14c and look very good leverage if you like the risk/reward factor.
And GOLD stocks going bunta.. All bodes well IMO. Sorry If I sound like I'm ramping, but I am exciting...
What I love about Jon Price is he doesn't want to dilute us, and he knows how important loyal shareholders are...
PXG Price at posting:
28.0¢ Sentiment: None Disclosure: Held