i made a new post to share this quote from a recent announcement...

i made a new post to share this quote from a recent announcement so some of us who need reminding can come back here to see why it is a bad bad bad idea to sell yet. There were even sellers today maybe to pay tax bills?I can't see any other reason :-

PNX Managing Director James Fox said:

“The RC drill program at Mt Bonnie has gone very well with consistent thicknesses of massive sulphide mineralisation being intercepted as predicted by the geological model, and with
new near-surface mineralisation being drilled beyond the existing resource envelope towards the Southern Gossan.

Assay results from Mt Bonnie will start to come in from the end of September.

Diamond infill and extensional drilling at Iron Blow is to commence shortly, and

PNX will also commence Northern Territory government co-funded drilling at the Barossa VMS and Tractor Corner SEDEX exploration targets within the Burnside and Chessman
projects from early October.

The next 3 months will be a busy period for the Company with multiple drill programs generating regular and exciting news flow.”