Hi bobby. What PRX is seeking is another Granites gold mine, an elephant if you like. Gold has been discovered in small quantities in the 1890s from Halls Creek (WA ) & Tennant Creek ( NT ) all the way to the Granites gold mines. The 2 major shareholders in the company are both very powerful multi nationals. While the geological team with genuine effort is searching for that next big one, the big boys in the background can write off any money they spend & then claim it back by reducing their tax liability. This is only my opinion, but from past history it would be typical.
PRX Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held
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