Golden Phoenix: Transitioning |
Written by D. Stewart Armstrong | |
Thursday, 18 October 2007 | |
"Golden Phoenix is a company with their focus on molybdenum and gold. Their flagship property is the Ashdown Molybdenum Mine in Nevada. Forthcoming straight from their website: “Golden Phoenix Minerals is a mining company publicly traded on the Over-the-Counter Bulletin Board market under the symbol GPXM.OB. The company is based in Sparks, Nevada, and presently all of its mining properties are located within mine-friendly Nevada and Ontario, Canada. Its Ashdown Project LLC, a new molybdenum mine, is in production in Nevada.” Please remember this if you take away anything from this article. GPXM is a company in transition. Three years ago this was a company so far in the hole as to not see sunlight and now they are actually beginning to make significant financial inroads for their shareholders and for their JV partner, Win-Eldrich (WEX, TSX Venture Exchange), from their molybdenum property in Ashdown." |
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