phoenix valuation, page-28

ok my apologies. From my experience on here some one who turns up and posts on a daily occurance about a stock is generally just trying to ramp it up to make a quick buck. PXG in my view is a LT hold. If they can carry on ticking boxes, beef up their resources, get a mine up and running successfully then obviously the MC will be multiples of todays prices. Plenty of water to go under the bridge yet and I wouldn't be at all surprised to see a ST price of 18-20 cents however those that stick with this one could be well rewarded. I have held probably about a dozen goldies over the past 4-5 years and one has been a 10 bagger, however the rest have failed miserably or just chugged along. Not a great strike rate so I am realistic about these sort of stocks.

Thx Johno and all the best