Gold has smashed through for an all time high at $1474/oz after the ASX closed. IRM released 247g/T Au results that despite the SP rise have yet to be fully digested by the market. These two factors combined bode very well for a good week next week.
Cashed up, royalties flowing in, potentially 80MT of bauxite, fingers in over a dozen different pies ranging from iron to marble, and now confirmed high grade gold deposits, all for a MC of $20M.
Irm certain its got a long way to go yet.
PBX Price at posting:
17.0¢ Sentiment: LT Buy Disclosure: Held
