PGO 0.00% 13.5¢ pacgold limited

Ann: GOLD NUGGETS DISCOVERED AT MT BUNDY IDENTIFY NEW TARGET, page-66

  1. 537 Posts.
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    They're being asked for clarification on the nugget announcement. Fair enough – despite my interest in PGO, you want the ASX keeping companies in check. Misleading statements can cost people a lotta dough, and while it really is up to the investor to due their homework, there are plenty of pump-and-dump companies playing to the crypto theme one week and Pilbara gold the next, sucking plenty of hard-earned outta the pockets of honest Aussies.

    Thankfully PGO is not one of them, and, in my opinion, while the nugget announcement was entertaining given all the hoo-haa around the Pilbara (I should disclose I'm in for a punt on a couple of tickers), it has no real bearing on the immediate valuation of the company. Focus is on production at Coolgardie. Then we can move to potential resource upgrades/discoveries in areas yet to be explored on our tenements.
 
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