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Bullboard - Stock Discussion Forum Pasinex Resources Ltd C.PSE

Alternate Symbol(s):  PSXRF

Pasinex Resources Limited is a Canada-based mining company. The Company owns 50% of Horzum Maden Arama ve Isletme Anonim Sirketi (Horzum AS), through its wholly owned subsidiary Pasinex Arama ve Madencilik Anonim Sirketi (Pasinex Arama). Horzum AS holds 100% of the producing Pinargozu high-grade zinc mine. Horzum AS sells directly to zinc smelters and or refiners through commodity brokers from... see more

CSE:PSE - Post Discussion

Pasinex Resources Ltd > Waiting on Akmetals
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Post by becker123456789 on May 09, 2019 8:38am

Waiting on Akmetals

Yes this is a very difficult time for Pasinex. However, we are working very hard to get some appropriate resolution with Akmetal. It is not easy because they see the issue very differently to us but I believe we will prevail.
 
We are very concerned for our shareholders and we want to not only work our way through this problem but give the company a strong future again. This is our focus. Unfortunately the answer is not easy and may come in several steps. I should also note that we are very aware of our legal position with respect to Akmetal but we have continued to try to have a negotiated settlement with them.
 
Regards
Steve Willliams
Pasinex Resources Limited
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