SXG 0.00% $2.99 southern cross gold ltd

sxg

  1. 92 Posts.
    I follow management teams across the sector as in the junior sector - people as as important as assets - Terranova has done another amazing job for shareholders - having sold Allied Gold to St.Barbara for $560M, he set out to 2 years ago at Polymetals which became SXG. Fully funded and amazing acquisition of Wonawinta - operational management are very good and despite him leaving this stock should be $0.04 as my numbers suggest NPV of Mt Boppy ore and Marda and Wonawinta ore of $90M++ execution risk low with Dave Sproule overseeing development risk and Trailstone making sure their money is being looked after - Board currently looks light on but not a big deal !
    if liquidity in the stock then this is a day trading bonanza with trailstone virtually underwriting the position - seeing is believing so if the operational management deliver with near term cash flow - this is a five bagger ! with Terranova gone they lack investor relations capacity but operationally we'll know soon enough
 
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