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Pacific Bay Minerals Ltd V.PBM

Alternate Symbol(s):  PBMFF

Pacific Bay Minerals Ltd is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties in Canada. It has a portfolio of properties in British Columbia's Golden Triangle, including the Haskins Reed, 30 kilometers (km) East of the Cassiar townsite, and Wheaton Creek projects. It focuses on exploring the two projects and identifying new targets within the prospective regions for both precious and transitional metals. Its projects include Wheaton Creek property, Weaver Lake property, and Haskins-Reed property. It owns 100% of the Wheaton Creek Gold property located in the Skeena Mining Division of northern British Columbia. The Weaver Lake property claims is located in the New Westminster Mining Division of British Columbia. The Haskins-Reed Property is a Zinc, Silver, Lead, Copper and Bismuth prospect with multiple mineralized zones outlined with approximately 200 drill holes substantial underground development completed.


TSXV:PBM - Post by User

Comment by StrikeGoldon Feb 28, 2023 12:25pm
95 Views
Post# 35309974

RE:RE:RE:History

RE:RE:RE:HistoryLook at the record of most exploration stocks over the last two years.  They have the same price pattern.    I own a stock having Ron Netolitzky, a recent inductee of the Canadian Mining Hall of Fame, as the largest stakeholder who invested $1.3 million of his own money into the company which has produced solid results.  The market still dropped 70% because fund raising is difficult in this environment.   The market will hopefully recover once gold stays above $2000 and buyers return to the market but there is no question these are speculative plays.  But if you don't like the management at Engold or think the property is a bust you can sell and buy many other stocks at a discount right now.  



 

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