PXG has to be one of the best nano-cap explorers/takeover targets on the ASX got my fill ,sit back an wait till the predators come knocking 2012 IMHO
I have another company starting up operaters only a stones throw away from PXG grounds I believe to be one of the best soon to be micro cap producer on the ASX but not going let on till I get my fill..
It's plain stupid to think that with Gold at 1850oz abosulte no idea from central banks on how to fix the failing Fiat currency problems Q.E 3,4,5-low neg rates that Gold companies with decent gold reserves /production aren't screaming buys....I see the markets much like a puppy they don't understand till your've drilled the command facts into them Gold keeps climbing the IGV,cashflows are just getting stupid ....In the Dot com bubble days a company with no earnings pie in the sky earning got market values in the hundreds of mills PXG has gold resource $15oz-$20oz to market value with gold at 1750+ AUD
PXG Price at posting:
22.2¢ Sentiment: Buy Disclosure: Held