Ann: Phoenix suspends mining to focus on Norton JV and heap leach, page-3

IMO,
NGF/Zijin putting off agreement/stalling. they don,t want a J.V., they want the lot !!
So, we trade it for coming T/O. not a certainty till it happens though.
Aus gold getting close to$1600, Zijin want growth to continue in eastern goldfields.
They are accumulating ounces and tenements, I heard they also have some form of caveats
on past leases divested from earlier days, anyone in the know here ??
Top up on pullbacks, 8 - 10c, wait for coming offer.
Consolidation in ASX gold stocks is happening, the movers with the cash are cherry picking projects,
Look at NST....... I topped up around 85c after averaging in a few years back now , at 9c . Best trade/investment on a gold stock for me, similar thing with LNG ltd, topping up at 23c. Ive had a few losers though and am out of most now, I,m cherry picking as well.
Now is the time to buy, take advantage of what NGF/Z expansion plans are going on in the background.
Fortune favours the brave, but manage your risk/reward accordingly...... sometimes S**t happens.
It is what it is and no sense whinging..........

Cheers
Tonali