PXG 0.00% 15.0¢ phoenix gold limited

Ann: Investor Presentation - June 2015, page-24

  1. 10,400 Posts.
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    Down today, too bad they released a somewhat negative announcement about the Kintore west ore not going too well, if they didn't release that we would have kept out momentum up I think.

    By the way, if Norton and EVO are both chinese owned, why would there be a bidding war?

    Of course I would love it to happen and to get 35c, but wouldn't they just collude secretly, even using sign language to not leave any written or verbal trace, and agree to tie up a deal at say 18c or so?
    or would this be totally illegal and neither side would want to risk being fined by the ACCC, even for tens of millions of $$ in gold.
 
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