PXG 0.00% 15.0¢ phoenix gold limited

Ann: Receipt of Unsolicited Takeover Offer, page-10

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  1. 6,287 Posts.
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    Now thats yet another insult ....and here was me thinking it was going be a good day to be a PXG holder ....

    Fact is Zijin + top4 holders are pissing in our pockets and telling us it's raining take 10c or your going get diluted ...utter BS "PXG is a Gold explorer" (with over 1moz JORC Gold reserves to date)..now Zijin/NGF wants reserves + resources and all the rest for dirt cheap as it's in a prime location to their plants ...but least EVN giving as a chance by giving us the funds needed to drill up our prime Zuleika shear

    ,,dilution well yes drilling/developing isn't free the money has top come from somewhere either a LOAN or CR/investment...

    we go down the EVN road we get a chance to see what's at Zuleika shear gold has we get the right drill results ...>>>>> the T/O will have to be well over 20c to get any sane holder to part with his shares ,,,
 
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