Operates in Kalgoorlie district Approx 568,000/oz of gold Cash reserves $2.6 million Market cap = $25 million
PXG:
Operates in Kalgoorlie district Approx 1,400,000/oz of gold Cash reserves of $4.2 million Market cap = $21 million
Targeting 2,200,000/oz of gold by 2012 mid
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Sometimes i have trouble believing the due diligence practices of the general market. One does not even need to look at the high grade and thick intercepts that PXG offers to its economic viability.
Crazy market valuations.
PXG Price at posting:
24.7¢ Sentiment: Buy Disclosure: Held
