GOLDEN PHOENIX MINERALS, GPXM Message Board

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Gold/Mining/Energy : GOLDEN PHOENIX MINERALS, GPXM

GPXM 0.000001000

-99.0%

May 28 1:24 PM EST

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To: hubris33 who wrote (668)	1/14/2010 6:06:18 PM
From: LoneClone	Read Replies (1) of 811

First, I fully expect GPXM to end up with Ashdown again, unless the price of moly somehow saves WES's incompetent ass. And recall GPXM also owns other properties adjoining Ashdown. Given continuing strength in the POG, I fully expect Mineral Ridge to be brought far enough along for it to end up 100% in SGN's hands, which will leave GPXM with a nice stash of cash and a good whack of SGN shared priced higher than they are at present. As to what they will do with those assets, I don't have a good sense yet. It should be enough to get at least a JV on a more advanced property. But there are still a lot of ifs... LC

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