The financial report effectively said a profit of $300,000 was made on the first gold bar. Did we get the other two gold bars that were anticipated e.g. $600,000?
What has happened with the Norton's agreement. What is it worth? One million dollars?
And what about this? "Feasibility Study for Catherwood – Mining approvals were progressed during the December Quarter 2011 and a development decision is expected in the March Quarter 2012."
KMC have said they will report on their recapitalisation this week, so the silence from PXG suggests a deal is being done. Better be a good one!
PXG Price at posting:
19.8¢ Sentiment: LT Buy Disclosure: Held
