Well I know PXG is still a explorer with much risk but when you...

Well I know PXG is still a explorer with much risk but when you add in the facts of
-Location (Could it be any better ??)
-Depth (most of the 1.6moz is within 80m !!)
-amount Shares-tight register sub 200mill
-Mgmt -have never had to wait on a e-mail reply-been very open on operation's
smart raising of funds though S/H opts
-Cash-6mill+
-exploring operation-massive 50,000m of drilling this year
-production-We see a mining and toll treating agreement under PXG management or the sale of the right to mine

now they say round 10% of explorers will go into production and massive re-rates...with the above your'd have to be very confident PXG will be one...

also how many explorers get taken over before reaching serious production
quit a few I'd say ,,IMHO PXG will be taken-over if they continue to increase resources/reserves