Post by
StrikeGold on Jan 31, 2024 1:04pm
Trading last couple of days
Interesting trades that don't show up on Stockhouse or my brokerage bid/ask, so assuming increased exposure to multiple exchanges accounts for it. Pleasantly surprised to get a nice buy filled below the Stockhouse ask today.
Looking at my total exploration stock portfolio where most companies are still struggling to achieve funding for projects this year, to me it's a no brainer to pick up more PEX shares at this level for these reasons:
--Funding should not be a problem for 2024 (of course nobody can foresee unexpected events)
--They have a thesis model for Kliyul which I believe has strong merit, one point of which is higher grades down lower, such as the case with Red Chris. They are planning to drill deeper this year per Blaine.
--Solid management that is well received by the industry. Gerry Carlson just received AME Frank Woodside Gold Pan Award
--Not just one project, but multiple area projects that may yield several new regional discoveries over the next couple of years, plus possible new acquistions or JV's.