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Bullboard - Stock Discussion Forum 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... see more

TSXV:PEX - Post Discussion

Pacific Ridge Exploration Ltd > Interesting parallel
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Post by StrikeGold on Sep 27, 2022 3:39pm

Interesting parallel

Here is the news from almost exactly a year ago after 3 holes were drilled.  Interesting to read and compare to today's news:

https://stockhouse.com/news/press-releases/2021/09/22/pacific-ridge-completes-drilling-program-at-kliyul-with-copper-and-gold-porphyry

Notes:

 --News release pretty much gives the same visuals and mineralization analysis by management as today
 --3 holes were drilled then, versus 12 holes drilled now
 --Share price went down after the news
 --Share price tripled when the actual assays were received

Congrats to those buying shares today IMO.   

Disclaimer:  I own shares of PEX, but I have also been posting here for years.
Comment by StrikeGold on Sep 27, 2022 3:51pm
Also, note the length of the holes:    7015 meters in 12 holes to average 585 meters a hole -- meaning that a few holes are likely longer than 600 meters.   They went deep to see what's down there and used a competent driller where cores didn't break or get lost or have the platforms shift.  Indications from last year being that the main gold and copper sources are ...more  
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