US Fed Reserve and RBA signalled rate increases next year and US Fed is winding back money printed from the past, world economy is accelerating... those factors can effect gold prices (mainly down). I'm hoping PEX can offload Apollo ASAP to save money and focus on Cobar.
If successful offload Apollo and PEX has no project in WA, should PEX moves office to Sydney or near Cobar? Why running Cobar from WA? I reckon they should move to Adelaide. Adelaide has a lot of mining companies now and you can drive from Adelaide to Cobar, especially if they plan to do some exploration east of Broken Hill (as one poster suggested).
"The stockmarket is a mechanism for transferring wealth from the impatient to the patient." Warren Buffet."
Yes, I have enormous amount of patience. But PEX shouldn't take an advantage of people's patience.
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