PXG 0.00% 15.0¢ phoenix gold limited

Ann: EVN: Phoenix Board Recommends Revised Offer, page-12

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  1. 5,669 Posts.
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    pete - you're delusional if you think PXG had some of the best gold assets in australia. Short-term memory mate, the mining was a failure, in part management incompetence, in part poor asset.

    EVN have brought into the corridor of riches, the northern end of the zeluika shear past NST. It's all exploration potential mate. Look at what NST have uncovered in the last 12 months - EVN need more of that to keep their frogs leg LOM a future.

    This is a good deal for EVN, good deal for PXG. Personally Im glad to see this company remain in Aussie hands. Thats a plus IMO.
 
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