PXG 0.00% 15.0¢ phoenix gold limited

bargain gold stock, page-26

  1. 3,351 Posts.
    Bought another 40,000 shares and am building my holdings gradually. Might probably head to the top 20 list soon....

    I am not too interested in getting my shares at 20cps or 22cps..i value PXG at 60cps at their current resource numbers of 977,000 ounces. The market will eventually play catch-up...

    Remember that there is a huge difference between PRICE and VALUE. The price information is easy to obtain on a daily information. But if one has no idea on what the value of the company is, then that price information becomes useless. Money is made on the arbitrage between PRICE and VALUE.

    Look around guys...not many juniors with this amount of ounces in ground and valued below $15 million with $4 million in cash in the treasury.

    Quite obvious upside here...in my opinion.
 
watchlist Created with Sketch. Add PXG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.