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American Pacific Mining Corp C.USGD

Alternate Symbol(s):  USGDF

American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. The Company’s projects include Palmer Project, Madison, Ziggurat, Gooseberry, Tuscarora and Red Hill. Palmer Project is a Volcanic Massive Sulfide (VMS) project in Alaska. The Palmer Project is located only 60 kilometers (km) from the deep seaport at Haines, Alaska. The Madison Project is located in the heart of Montana’s prolific copper-gold belt only 38 km southeast of the world-renowned Butte Mining District. The Project consists of approximately 136 unpatented and six patented claims (2,514 acres), accessed via improved dirt roads. The Gooseberry Project is located in Storey County, Nevada, United States. The Gooseberry Project includes 42 unpatented claims, totaling approximately 708 acres. The Red Hill is a sediment-hosted gold project located 24 kilometers southeast of the 12-million-ounce Cortez Hills gold deposit within the Cortez trend.


CSE:USGD - Post by User

Post by Seestock8on Mar 18, 2021 5:53pm
268 Views
Post# 32831970

Trying not to be a basher

Trying not to be a basherAnother news release and no move in the stock price. This has been a trend for quite sometime. Even when most of these news releases look pretty good and the drill results that have been released are ok but pretty much none of the news that has come up has made the share price move and makes me wonder if this is a management problem and some of the deals that they have signed haven't been much of a benefit to the company. For myself as a result I have sold off most of my position at a loss and have rolled it into other plays hoping to make up for the losses here. The only reason I am still holding a position is because of Rio Tintos involvement. I have been a champion of this stock for sometime and I guess maybe I am to impatient and don't fully understand the time frame of mining stocks to get their act together. Maybe it is going to take another year before they get their ducks in a row or all it will take is either a buy out or a great news release to push this up over night one day. And on the other hand maybe I am going to regret selling off some of my position. Time will tell let's see what happens.
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