This Company is doing everything that one could hope as a far as a Company goes at this stage of their life cycle.
Their land they hold is looking promising, the management seem to be doing a pretty good job. Add to that,the gold price is still strong. It must feel like shareholders are banging their heads against a brick wall. Pre GFC times and this one would be well over double if not triple its current SP, which IMO shows just how tough it is to make some money in these markets.
Having said that I think shareholders who just sit tight and hold will do well.
Nathan I think you uncovered this one at the beginning of this year so while the SP has not taken off yet this could well be one of your gems that you have came across and made people aware of. Credit where credit is due.
PXG Price at posting:
21.3¢ Sentiment: None Disclosure: Not Held