PNX 10.0% 0.6¢ pnx metals limited

Ann: Visible Gold in Diamond Drill Core at Fountain Head Project, page-9

  1. 3,111 Posts.
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    Don't go counting any chickens just yet, yep the ground is looking very promising, but the first thing management need to do is set timelines that are achievable for the company (then execute to the timeline), at this point in time I can't recall an occasion when they have delivered on a self forecasted timeline. They need to get the basics right (eg; hit a deadline) before there is any cause for excitement for what the future holds.
    In their latest update they state the Fountain Head mineral resource update is expected in early May..... so if that comes through by the 15th of May that will be a tick. They state that the update should also include the rest of the assays from Fountain head drill programme (one would hope this includes FHDD181), which still has about 20 holes to report on.... so I would hope they busy right now pulling all this data together.
    Last edited by timbin4: 16/04/20
 
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