PXG 0.00% 15.0¢ phoenix gold limited

Ann: Phoenix suspends mining to focus on Norton JV and heap leach, page-5

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  1. 3,390 Posts.
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    I agree... the buy levels were under 8.5c similar to the levels Norton was buying in months ago.

    People just got excited when it was trading over 10c and saying takeover this and that.

    I think its quite possible Zijin will come to this if this stays around these levels for by end of May, after the Norton Scheme of Arrangement completes successfully.

    I think Paddington operations aren't operating in full capacity, so expansion to nearby areas is the key.
 
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