PXG 0.00% 15.0¢ phoenix gold limited

pattos brief, page-7

  1. 2,631 Posts.
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    am i right in saying that PXG still actually need to find something to become a long term company? i mean management are great and the strategy of tying up loose tenements and funding exploration through small scale mining is great, but their resource base is low grade and spread all over the place.

    imo they need some big hits at depth to justify a larger market cap with some certainty of the future (i.e. a large, long life project)
 
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Currently unlisted public company.

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