PXG phoenix gold limited

new ann- selling dirt to norton's

  1. 2,811 Posts.
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    It's a bit vague.

    Starting "second half of 2012" which could mean end of the year or next week. Well, given paperwork it may take a little while.

    No idea of how many dollars per tonne of dirt they're getting. It's about 150000oz gold equivalent, and I have no sense of what's "fair" in deals like this. $10/oz? $100/oz? More experienced observers, your guesses are welcome.

    Still, in times like these, cashflow rules. A very pleasant way to end off the fin year for PXG.
 
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