PXG 0.00% 15.0¢ phoenix gold limited

the next few months for phoenix, page-5

  1. 863 Posts.
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    Pete11, for what its worth I'm in a similar position, not for PXG but for all my spec mining stocks. I will need some good projects to come into production before I can expect to find myself in profit on these shares. I expect this to happen, because development time for these projects is often quite long, and the effect of the GFC through 2008 and on has caused some delay. I'm still an optimist and I believe it will happen. When these junior mining stocks get into production their SP moves dramatically. Its a roller coaster ride. PXG is an unusual stock in the small retail sector in its share holding, but everyone, including the institutions are looking for profit on their investment, and so in that regard we are all in the same boat.
 
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Currently unlisted public company.

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