PXG 0.00% 15.0¢ phoenix gold limited

Ann: Quarterly Activities Report December 2014, page-11

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  1. 10,492 Posts.
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    hopefully when JP said the all in costs will drop substantially he means like 50%, from $2200/oz down to a more reasonable $1100 would be great, but again that's still for the higher grade ore, still what about when pxg has to start on the lower grade stuff, will all in costs go up well above $1500/oz long term, if that happens, pxg will be selling gold at a loss, which is ridiculous. hopefully management are on the ball and figure this out to the benefit of all shareholders.
 
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