PXG phoenix gold limited

spot price now AUD$1584, there should definitely now be a...

  1. 11,180 Posts.
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    spot price now AUD$1584, there should definitely now be a bidding war for pxg, anyone with half a brain can see there is so much profit to be made from the 1.1m oz reserves pxg has, there is no way either party will want to let a chance like that slip for a mere few million dollars when pxg is worth $1.7 BILLION, who knows I wonder if NST could launch a bid for pxg to top the 2 miserable offers.
    the SPI futures is down over 100 points , come Monday every sector should be down EXCEPT gold, maybe finally the smart money will come into this sector.
 
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