PNX 0.00% 0.4¢ pnx metals limited

PNX is extremely undervalued on its gold development project and...

  1. 245 Posts.
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    PNX is extremely undervalued on its gold development project and its massive silver resource at Hayes Creek. The Fountain Head gold project is virtually valued at zero in the current market cap of $27M, yet it will go into cashflow through production to start in Q1/22. The bidders are lining up and the sellers are running for cover being taken out at a nice rate. $5M+ in cash as well with drilling to commence soon which will increase the gold resource. About to breakout with a count to 1-1.2 cents, but worth a lot more.
 
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Currently unlisted public company.

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