PHILEX GOLD INC (PGI) - TSE.... Trading at under 30% book

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Gold/Mining/Energy
PHILEX GOLD INC (PGI) - TSE.... Trading at under 30% book

An SI Board Since February 1998

Posts	SubjectMarks	Bans	Symbol
86	8	0	PGI

Emcee: Michael M. Cubrilo	Type: Unmoderated

Introduction Market Data Compact

Does anyone else follow this stock or have an investment in it? If one checks out the fundamentals, they are among the best in the gold industry.

Trading at close to a 52 week low of ~$1.25, High is $9.50
Trading at less than 30% of book value.
Positive earnings of over .30/share - a rarity in todays market
Large block trade of over 1 MM shares in mid-January
Chart looks primed for a rise. Numerous smaller block trades in Jan.
CF/Debt of greater than 2
Net Working Capital ratio of greater than 2
Price/Earnings of about 7

These are strong fundamentals and much better than the majority of gold stocks out there. Comments?

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
86	More drill results: biz.yahoo.com	John Dally	-	10/22/2002
85	New Drilling Results: biz.yahoo.com	Jon Matz	-	8/15/2002
84	Philex on the move again . . . biz.yahoo.com Also, the trading volume shows th	John Dally	-	5/1/2002
83	I think with a 40 million debt and 40 million shares out, it is easy to see that	Bruce Robbins	-	3/18/2002
82	BTW, I joined Stockhouse and posted a modified question over there. Thanks for y	Jon Matz	-	3/18/2002
81	Thanks Bruce! Didn't realize you weren't a shareholder, please don't	Jon Matz	-	3/18/2002
80	<I>Even with the $20 mil, they are still going to be over $40 mil in debt	Bruce Robbins	-	3/18/2002
79	Bruce, I still have a few shares bought in 1997, help me understand the value he	Jon Matz	-	3/17/2002
78	I already took them. Just sitting on cheap shares. What I like about YMC.u is th	charred	-	2/3/2002
77	Best to take profits in this market. YMC.U is a little boring LOL. It's that	Bruce Robbins	-	2/3/2002
76	I saw a talk on Hope Bay. Interesting project with upside. Could be a mine. Not	charred	-	2/3/2002
75	I saw a talk on Hope Bay. Interesting project with upside. Could be a mine. Not	charred	-	2/3/2002
74	Hi charred, I think everyone's feeling good about their gains. There's	John Dally	-	2/2/2002
73	Well this thread is boring. Up 80% in a short 6 weeks and no one notices. I gues	charred	-	2/1/2002
72	Hello John, The stock is moving upwards a little by little. Still worth alot mo	charred	-	1/27/2002
71	Hi Charred, It's always nice to know you're on board! Best regards, Jo	John Dally	-	1/6/2002
70	From Stockhouse a story about PGI in the Northern Miner. On page 16 of this iss	charred	-	1/3/2002
69	I agree but this is too good to be true. This stock is worth a least $2. With a	charred	-	1/3/2002
68	<I>I can't believe no one else is on this thread.</I> Shhh! You	Bruce Robbins	-	1/1/2002
67	"As this is a very small sector it will not take many investment dollars to	charred	-	1/1/2002
66	Exactly, buying stock at this time and waiting a couple of years is something I	charred	-	12/21/2001
65	Yes I agree, if Anglo paid this much now at such an early stage it should be wor	Ron Struthers	-	12/21/2001
64	IMHO I think investors will start to move into this market in 2002. The junior m	Braincramp	-	12/21/2001
63	Personally I have small holdings in Resource stocks. It's a dead industry.	charred	-	12/21/2001
62	No I don't think so, Its not that I don't think they have a good find. I	Braincramp	-	12/21/2001

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