very good ews pxg closed at 13c, 1c above current offer, that definitely means there will be a higher offer eventually, with gold still at AUD$1585/oz its only a matter of time before Ziijin trump EVO 12c bid.
The market always knows best and the market is telling us it expects a higher offer, otherwise we would be trading at 11.5-12c.
If pxg were to announce another reserve upgrade, that might prompt them to step up to the plate much quicker and make higher bids for pxg.
PXG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
