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PJX Resources Inc V.PJX

Alternate Symbol(s):  PJXRF

PJX Resources Inc. is a mineral exploration company. The Company is engaged in the exploration and development of mineral resources with a focus on gold, silver, and critical metals including copper, zinc, cobalt, cadmium, indium, and others. Its primary properties are located in the Sullivan Mine District and Vulcan Gold Belt near Cranbrook and Kimberley, British Columbia. The Company holds 100% interest in eight properties, which include the Vine, Gold Shear, DD, Eddy, Parker Copper, Zinger, Dewdney Trail, and West Basin. The Vine Property is located about 11 kilometers (km) south of Cranbrook, British Columbia. The Gold Shear Property hosts the high-grade David Gold Zone is located about 29 km southwest of Cranbrook, British Columbia. The DD Property is located approximately 35 km southwest of Cranbrook, British Columbia. The Eddy Property is located about 14 km southwest of Cranbrook, British Columbia. The Parker Copper Property is located 20 km west of Cranbrook, British Columbia.


TSXV:PJX - Post by User

Bullboard Posts
Comment by Moyie Mineron Jul 24, 2019 5:23pm
129 Views
Post# 29956671

RE:Quiet

RE:QuietBroken Silence,
I find it interesting that the Gold Shear Property Release came out today and not an update on the Vine?
Theory 1. is they have come up empty on the Vine drilling and management is now trying to place the focus on their gold properties however according to today’s news release it seems as though the drilling may not be completed on the Vine.
Theory 2. they got a sniff of something on the Vine and are proving that up with a wedge or perhaps a second deep hole.
Theory 3. They have run into difficultly with the drill program at the Vine and getting to target depth has taken longer than expected.
Theory 4. They hit big at the Vine and are waiting on confirmation of assay results, have released news on the Gold Shear today knowing that good news from the Vine will have investors backing up the truck.
I’m hoping for #4. Has anyone got any idea as to what might be happening?
Speculation only…MM.

Bullboard Posts