Rochester mine 15 km away along trend has on my rough calculations:
Historical production of 6 million oz au and 140 million ag.
in ground reserves of 3 million au and 400 mill ag.
Florida Canyon just down the hill
has historical production of 1.7 million oz au and about 1 million oz au in ground reserves in annual report. Although pxx mentions 4 million oz. There is silver there too with 100k p.a. production numbers in 1989 for example.
Only nearology, but if pxx gets lucky, and the bonanza grades so far hint that it might, it gives scope for some pretty large share price moves on Nevada alone at current gold and silver prices.
A Rochester scale resource would be massive. Even a tenth of that would be a ten bagger based on 5% of in ground value.
pxx has potential to surprise as a major asx silver play if the big moves in silver ever occur.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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13 | 5100605 | 1.2¢ |
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Price($) | Vol. | No. |
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1.3¢ | 19686 | 1 |
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No. | Vol. | Price($) |
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12 | 4850605 | 0.012 |
12 | 1198245 | 0.011 |
8 | 1450198 | 0.010 |
3 | 2360000 | 0.009 |
2 | 375124 | 0.008 |
Price($) | Vol. | No. |
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0.013 | 19686 | 1 |
0.014 | 2605083 | 15 |
0.015 | 692307 | 2 |
0.016 | 800000 | 2 |
0.017 | 1000000 | 1 |
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