Philippine peso drop helps Philex Gold
An operating loss at the Philippine operations of Philex Gold (PGI-T) was erased by the devaluation of that country’s currency.For the third quarter, Philex reported earnings of US$55,000 (a negligibl…
Philex Gold Inc
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LITERATURE REVIEW — Philex picks up more Philippine ground
Philex Gold (PGI-T) has acquired, through a royalty agreement, a gold property in the historic Bicol gold district of Luzon Island, Philippines.The Balce property consists of 42 claims acquired from l…