PXG 0.00% 15.0¢ phoenix gold limited

raising, thoughts & jon, page-12

  1. 5,669 Posts.
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    "the total reserves are about $1.16million oz now, whats so wrong about getting reserves to 1.5m oz and extending the mine life from 8yrs to say 10-12yrs.
    Isnt that a good tactic to do? "

    not at the expense of diluting the s-house out of shareholders IMO. This is the 1st management decision I have disagreed with. I will take up the offer but reluctantly so, as someone else mentioned I can probably buy cheap on market atm.
 
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