PXG 0.00% 15.0¢ phoenix gold limited

I don't understand what all the big WOWS are for. Guys I know...

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  1. 6,881 Posts.
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    I don't understand what all the big WOWS are for.

    Guys I know you know your history, now not trying to be pessimistic as I want pxg to fly like everyone here, but what usually happens when a CHINESE company gets involved with an aussie miner?

    Well the shares of the aussie miner usually end up performing very badly, and than the chinese co. with the strategic stake, swoops down like a hawk and acts like a white knight to save the day, all along planning the demise of the aussie miner, through shorting the stock or simply selling small lots into the market to get the stock price down, and than launching a t/o at a very low market cap.

    I really don't know what you guys are all excited for, if pxg is indeed due for a close partnership with the chinese Norton goldfields, we are screwed, as they will drive down our stock to 5c and than launch a T/O for 10c telling us how great a deal it is, and we cant do anything except accept the low ball offer.

    Maybe ive got this all wrong, if so someone please explain your opinion why this will be a success FOR PXG.
    Last edited by pete11: 28/04/15
 
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