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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

Bullboard Posts
Post by DRAGON2012on May 20, 2001 11:48am
97 Views
Post# 3765173

CBP

CBPSo, I see CBP is on its way. I have been waitng for this NR about Africa and I'm stunned that its better than I'd hoped it would be. 20,000 sq km is enormous!!I know the ex head of exploration for Anglo American(DeBeers) and he has told me of the countless diamonds they found just mixed into the gravels and sand of the landscape of the South African region. I expect the same will be true in Niger because of the perfect geological environment for gemstones. If your wondering why DeBeers wasn't there first you must remember that DeBeers dosn't want anymore diamonds found because it lessons the value of their inventory! They have to buy up the entire supply to maintain their cartel prices! I know this from the NWT in Canada with the Aber and Diamet deals. I believe we will see the Big Boys come calling on CBP as soon as they have caught wind of this. This is a huge opportunity for CBP and the People of Niger. Congratulations to the company for winning the trust of the powers that be and having the guts to hang in there and get the job done. I know the World Bank is committed to helping build the economy of Niger and would gladly put up funds to gainfully employ the natives. Don't count out the Tantalum potential here either. Tantalum is on everyone's lips these day's and its all over the ground in Niger because it runs with the ore that Tin is made from. CBP is going to be a big win for the people with the eyes to see and in a few months it will be out of reach of the speculators and into the prices that the funds like to get in at. I was in this deal for the Colorado play because I've seen the diamonds that came out of that region and now I'm thinking these guys are onto something 100 times bigger in Africa, so I'm even more happy with this deal. This is one for the history books and I'm not going to miss it at these early prices like I did Diamet and Aber. Good pickin!!
Bullboard Posts