PXG 0.00% 15.0¢ phoenix gold limited

Great Buying, page-8

  1. 6,881 Posts.
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    This is unbelievable whats happening to the stock price, sure gold price is down but its still AUD$1360, yet pxg is trading at yearly lows, and Norton have signed up to castle hill, Jon price still own over 7million shares directly, we have good broker reports out on pxg being undervalued, yet we keep getting more undervalued every day, when will this rotten stock price end?
    every cent it falls is like a dagger through my heart, I really thought at worst it will settle at 13c or so, the capital raising price, who in right mind would be selling this?
    if gold price drops to $1200 or $1100 this could be back to 5c for all we know, even with more good announcements like better grades or resources converted into reserves etc....
 
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Currently unlisted public company.

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