PXG 0.00% 15.0¢ phoenix gold limited

Here comes Zijin, page-40

  1. 6,287 Posts.
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    well sold my pathetic holding at the pump-spike at 14.5 cents, bought back in on the dump friday at 11.5 c, only to get caught out in this capital raising, classic mo for these mining coys, just pray gold stays sexy for the next month or two.
    Yeah I brought more @13.5c


    Yes brought even more @13.5c biggest holding now

    Going be interesting to see how much NGF/Zijin will be involved in CR ....we all know they want PXG's resources/reserves it's just how much they will pay ...taking up a good part of the CR will be a much cheaper way to get the Gold ore ...we could see NGF/Zijin take care of the bulk of funds PXG needs to see a 100oz producing mine but at the same time be the biggest holder 50%+ ?
 
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Currently unlisted public company.

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