PXG 0.00% 15.0¢ phoenix gold limited

This one seems good on the surface.Points made on here such as...

  1. 407 Posts.
    This one seems good on the surface.Points made on here such as 'management have their own skin in the Company' and 'drink upstream from the herd' 'this one has flown under the radar' 'its only a matter of time before this rerates' are fair enough but I would like to see some more solid buying and an uptrend before diving into this.

    I havn't seen any directors buying notices issued of late and this is another sign I look for in plays like this.

    Back of envelope calculations are just that...Mines are not run on the back of an envelope so caution needed there.

    That aside like MKO I like the strategy here.near term cashflows via MTT to fund further drilling and to shore up the JORC. Cash in bank also so all this should mean minimal dilution.





 
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Currently unlisted public company.

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