Club Mulgoa

Monday, May 30, 2011

PXG PWN

Today, PXG updated its gold resource but the market only took cursory notice of it. Unbelievable. Pity I am not loaded with cash. A relatively large upgrade and gold price going up and I repeat, the market only took cursory notice of it....

And then PWN announced a good drilling result and the share price went up a bit, too. Just a bit, relative to the good announcement.

Wish there are more Indian and Chinese companies knocking at their doors to highlight how cheap Aussie companies are.

I am not lamenting. I am hoping to buy more when I have the cash if the share prices stay low.

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