PAX 0.00% 1.2¢ panax geothermal limited

time for some news, page-3

  1. 1,856 Posts.
    Tawnyp wrote: "Based on current information, PAX should readily outperform HRL, PTR, GHT, GRK, TEY and KEN, considering it has far more economically attractive projects that can be developed at significantly less risk - even lower than PTRs HEWI model."

    It should also easily outperform GDY, given that the latter seems to have success factored into its share price. Granted, the announcement that the drilling had reached target depth was made on the worst trading day of the year, GDY's movements since have been lacklustre. Clearly, the PAX share price has a much greater chance of doubling in the near-term than does GDY - excellent long-term stock though GDY probably is.
 
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