PNX 0.00% 0.4¢ pnx metals limited

not sure how old this info is on their website, page-3

  1. 3,479 Posts.
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    Looks like they were probably updating news on their website as there is new exploration updates within.

    They stated previously that they were holding off on Yorke due to the weather but in their website they state as I suspected that it has been delayed whilst they build up revenue from Mountain of light.

    Which is fair enough. No one wants another CR so soon.

    "The survey was aimed to begin in the first week of March 2011 but has been delayed until the Company is satisfied that the revenue stream at its Mountain of Light project is satisfactory."

    The share price is hurting the hip pocket.....
 
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