re: Ann: Studies Delivered to Norton Gold Fie...
well the gold price is up AUD$13 to AUD$1477 now, a cool AUD$127 higher than the AUD$1350 that the DFS figures are hoping for.
I think once PXG figures out how to get the $8m-$10m needed for the ST development, and when Norton signs up, and when we get the first gold pour, add to that a new broker report about PXG and how its the best new gold producer out there (in a few months time), and the POG holding above AUD$1400, that should combine nicely to produce a stock price of hopefully 25c+ by the end of 2014, a 56% p.a return will look a lot better than my 2.5% bank rate return.
PXG Price at posting:
16.0¢ Sentiment: LT Buy Disclosure: Held
