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Pacific Ridge Exploration Ltd V.PEX

Alternate Symbol(s):  PEXZF

Pacific Ridge Exploration Ltd. is a Canada-based copper-gold exploration company. The Company's British Columbia projects include Kliyul, Redton, RDP, Onjo and Chuchi. The Company's Yukon Projects include Mariposa, Eureka Dome and Gold Cap. The Company owns 100% of the Kliyul copper-gold project, which is over 90 square kilometers (km2) in size and is located in the prolific Quesnel Terrane close to existing infrastructure. Its Redton project is a porphyry Cu-Au property that adjoins Northwest Copper Corporation's Kwanika property along its eastern and northern boundary. Its RDP project is an approximately 3,800 hectares (ha) project lying within the Stikine Terrane, which is host to numerous significant porphyry deposits in northern British Columbia, including Kemess, Red Chris, Kerr - Sulphurets and Galore Creek. Its Onjo project targets gold-copper porphyry deposit. The Orbison project is a reconnaissance porphyry Cu-Au exploration program in central British Columbia.


TSXV:PEX - Post by User

Post by sevenseason Mar 19, 2013 7:47pm
353 Views
Post# 21152838

5:1 rollback...

5:1 rollback...

On sedar yesterday. Reality sets in... looks like a 5:1 rollback folks.. AGM a couple months earlier than usual, perhaps quick property deals in the wings. Guessing then financing to feather the remaining nests, so the hold period (and further selling) doesn't come off in the middle of the season !  Could get lots of bang for the exploration buck with $250-500k this year and more reasonable terms for Yukon deals.

But should be no reason to stall on results this year...whatever the co. does...

Hanging tight...depending on the deals.

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