Ann: Norton acquires strategic stake in Phoenix Gold Ltd, page-6

  1. 11,147 Posts.
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    at least "the market" has finally opened its eyes and sees gold is AUD$1486 a clear $100 higher than when pxg was 16c a few months ago!!!!!!

    Nice day today, best day for PXG in a few months, hopefully we can break 10c soon and hold the gains and hope to heck that Norton don't start capping pxg in a tactic to keep our stock price down so they can do a full T/O in a couple of yrs probably, if not earlier.

    Best we can hope for is PXG T/O at 15c I think, if we consolidate around 10c, I cant see Norton will offer anything over 15c for the rest of pxg, with our management with their tails between their legs, I wouldn't be surprised if PXG let the rest of the co. go for 12c for all I know.
 
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