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Pangolin Diamonds Corp V.PAN

Alternate Symbol(s):  KGHZF

Pangolin Diamonds Corp. is a Canada-based diamond exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties in Botswana. The Company, through its wholly owned subsidiaries, holds title to various properties (herein, the Pangolin Properties). The Pangolin Properties consist of approximately 17 diamond prospecting licenses (PLs). The Motloutse Diamond Project is located in eastern Botswana and comprises eight diamond PLs. Its Kweneng Project is located in the Kweneng District and covers an area of approximately 361 square kilometers (km2). Its subsidiaries include Pangolin Diamonds Limited (PDL), Pangolin Diamonds (Pty) Limited, Geocontracts Botswana (Pty) Limited and Amulet Diamond (Botswana) Pty Limited.


TSXV:PAN - Post by User

Bullboard Posts
Post by jenkinjton Jun 19, 2008 5:14pm
768 Views
Post# 15206336

Great Resource: IS Management Up to It?

Great Resource: IS Management Up to It?I sold some shares of PAN but I can't bear to part with the rest, as I feel it does have potential to go big. Management holds 10% of shares, hopefully they will make themselves, and us, richer. One of the directors is David Halpin, CFO of Mart Resources, and I reviewed that company before deciding that they were just printing shares in order to keep going after seven years of straight losses. I hope PAN doesn't go that route. I own some Breaker Energy and the balance sheet there is remarkable with no debt, good production and profits ++  in 3 years of operation... admittedly they started with a good stake. Let's hope the results of full days of meetings brings some good news as that's what these juniors live on. Panterra can go big, but a firm, energetic hand at the wheel is critical.
Bullboard Posts