PGO 3.57% 8.7¢ pacgold limited

A voice of reason on the thread at long last. Almost safe to...

  1. 444 Posts.
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    A voice of reason on the thread at long last. Almost safe to return! In my opinion, this second quarter (just started) will be a defining one. Quite a bit on.

    • Mining Optimisation Study over the Coolgardie Gold Project
    • Scoping study for Mount Bundy Gold Project in the Northern Territory
    • Mt Bundy drilling program (wet season now winding up)

    Plenty of cash. Plenty of activity. Good management. Risk? Of course. Personally, I'm comfortable with the level of risk versus potential reward. In fact, I think the current SP offers opportunity. As per Ece's post, head to bigger gold miners if you want to ride the current POG. Otherwise, sit tight, see what comes of this quarter.
    Last edited by AlbyTangles: 07/04/17
 
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