A friend of mine in the game with more knowledge than me did a little digging on PXX and his unbiased opinion is as follows.
Good
1. Looks to have a good geochem signature with a lot of ground for a big deposit
2. It is in a region where giant deposits are found.
Negative
1. Cash flow – they will be chasing their tail (drill - raise money, drill - raise money)
2. It is hard to get traction on the ASX when you deposits are in far Nth Canada
3. The resource at present is small and skinny
drilling for the holy grail, page-2
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $21.37M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $1.939K | 277.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 9203691 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4350788 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PXX (ASX) Chart |
