re: Ann: High grade drill results at Catherwo...
Had a similar thought about the fundamentals. Does appear to be little downside long term. Of course the price could always move lower given what is occurring globally. Added some more at 18 cents but tempted to go again. It will be interesting to see what the latest drilling results at Catherwood does to the free cash ($ 15 million at end of 2011) flow . Great ability to self fund further drilling of their other main tenements Also is there a risk that Catherwood could be sold before the full potential of the tenement is realised?
PXG Price at posting:
16.4¢ Sentiment: LT Buy Disclosure: Held