PXG 0.00% 15.0¢ phoenix gold limited

company research, page-2

  1. juk
    4,064 Posts.
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    Management, have done what they said they'd do.
    Have cash, have drill results coming in, have in the money options
    Not producing, they only have almost 1.4M ounces, they want more.
    Coolgardie goldfields
    They assembled the projects and have progressively drilled them out. No new discoveries due to brown fields.
    grade is average
    exploration upside, there had better be, but management think that one prospect could turn into a large gold mine, other deposits have potential too.
 
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Currently unlisted public company.

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