considering PXG has lost 50% of its value since early 2014, I would say this nice rally today in pretty good volume is just shareholders seeing the exceptional value in PXG, we have financing, we have cash, we are located in the best placed gold area on earth, Kalgoorlie, no sovereign risk, Resource keeps increasing and is still open at depth and in every direction, great management, pog ISNT crashing its at AUD$1370 still healthy profit margin for PXG, and the AUD$ is down, which JP told me is great for pxg, finally investors are figuring out PXG isn't a lame duck, but is potentially australias next big goldie in the making.
PXG Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held