Most defiantly "PNX has finally done more than most". Exploration methods have vastly changed over the years. Comparing the methods of the 70's against todays standards is like a Nokia 3310 Vs a Galaxy S7.
"The resource model generated through interpretation of the drilling data has shown excellent geological continuity and consistency of mineralisation sufficient to support the Mineral Resource classification levels. Recent drilling has intersected new mineralisation to the south of the pit which shows that mineralisation continues further south than previously anticipated and beyond the limit of current drilling. Potential also exists for a high-grade shoot(s) to extend underneath the current extent of drilling and the Resource estimate." - PNX Upgrade 09.04.17
Market trading has changed as well. HFT is the all go now.
But companies making money from resources has not.
PNX's next up, page-9
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