SXG 2.50% $3.28 southern cross gold ltd

Pierre Lassonde mentions SXG, page-6

  1. 3,607 Posts.
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    Good idea - for every SXG share I sell now at 75.5 c I can buy about 31 NAG shares

    How will that look in 6 months time - or even less


    You really think that SXG with a MC of almost 140 million and with no economic mineable prospects or mining licence is worth 10 times more than NAG with shallow mineable high grade intercepts and a mining licence

    Sooner or later the market will work out that a valid mineable resource is worth more than some pretty management presentations

 
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