PGO 5.62% 8.4¢ pacgold limited

the ST game is Coolgardie - bringing that into production will...

  1. 5,669 Posts.
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    the ST game is Coolgardie - bringing that into production will generate some interest, however a small producer like PGO will be at the mercy of the gold royalty hike. May kill it.

    the LT (or Super LT) game is the NT projects. Despite the absolute rubbish another poster inferring that it's "who you know", it's a very convoluted and excruciatingly slow process to get mining approvals in the NT, especially with the environmental approvals. Previous management spent 3 years, maybe they didn't do it as well as they could have doesn't distract from the issue here.

    Will see what pans out, these are bottom draw stock for me so got no reason to sell at this stage.
 
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