Going over all the reports and information, this is one stock to grab as many as we can before it takes off, the potential is huge, 4-5 million from 4 deposits.
Castle Hill just down to 80 metres should be around 1 million ounces and if we drill deeper could easily double, grade looks like being high 1s or low 2's.
Broads dam has small shallow pits but very high grade underground ore at +6g/t.
Ora Banda and Kuanalling have million ounces potential.
So it looks like if the good announcements keep coming we will have 4-5 million from 4 projects.
There aim is for 2.5 million ounces next year and after the way management have delivered in the first year l am confident we will get there.
If we have 2.5 million ounces at the end of 2012 we will be seriously rerated.
PXG Price at posting:
22.7¢ Sentiment: Hold Disclosure: Held
