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Bullboard - Stock Discussion Forum Pambili Natural Resources Corporation V.PNN

Alternate Symbol(s):  PNNEF

Pambili Natural Resources Corporation is a Canada-based natural resources exploration and development company focused on southern Africa's mining sector. The Company operates Happy Valley Mine, which is a producing gold mine. The mine is located 15 kilometers(km) from the city of Bulawayo, Zimbabwe. The mine provides installed capacity to process approximately 40 tonnes of ore per day but... see more

TSXV:PNN - Post Discussion

Pambili Natural Resources Corporation > Risk vs reward for this .02 gold producer!!!
View:
Post by Oldschool2022 on Aug 01, 2022 8:16pm

Risk vs reward for this .02 gold producer!!!

We are now producing gold and starting to drill our property this week. We’ll have a steady news flow for the foreseeable future. I’m thinking .01 is the low end of the spectrum and $1.00 per share is possible. So now trading at .02 per share looks attractive to me. We could trade for half or have a 50 fold trade here. Timing looks great at .02 per share and I’m thinking we will trade much higher in the coming weeks. Just my thoughts and not investment advice. Below is last weeks news release.


Pambili Natural Resources Corp
Symbol PNN
Shares Issued 221,217,412
Close 2022-07-28 C$ 0.02
Recent Sedar Documents

 

Pambili hires KW Blasting for Happy Valley drilling

 

2022-07-29 12:42 ET - News Release

 

Mr. Jon Harris reports

PAMBILI APPOINTS DRILLING CONTRACTOR FOR HAPPY VALLEY MINE

Pambili Natural Resources Corp. has appointed a drilling contractor for phase 1 of its planned exploration program at the Happy Valley mine (HVM) in Zimbabwe.

After receiving competitive bids from three local drilling companies, the corporation selected KW Blasting, a division of Drilling Resources Zimbabwe Pvt. Ltd., to complete approximately 1,200 metres of reverse circulation drilling at HVM. Drilling is expected to begin in early August and samples from the campaign will be analyzed by Antech Laboratories in Kwekwe. Antech is Zimbabwe's leading ISO/IEC 17025 accredited commercial metallurgical assay laboratory servicing the mining and exploration industries in Zimbabwe, the SADC region and beyond. 

Chief executive officer Jon Harris commented: "In terms of the earn-in signed with Techshed Investments, the owner of HVM, Pambili has committed to completing a limited exploration campaign to determine the extent and magnitude of the gold mineralization previously identified from previous surface exploration work. The appointment of a drilling contractor is the first stage in that campaign."

About Pambili Natural Resources Corp. 

Pambili Natural Resources is a natural resources exploration and development company currently active in Zimbabwe and in the province of Alberta. 

We seek Safe Harbor.

Comment by Storm23 on Aug 01, 2022 8:41pm
"limited exploration campaign",plus do you know how long it takes to get samples assesed then reported?No gold production,this is a long time of pp and more drilling etc before you have real value.But let the pumpimg begin hey
Comment by Oldschool2022 on Aug 01, 2022 8:58pm
Sorry I’m not pumping just the facts. If you do your research you’ll see that they are producing gold as we speak. That’s the beautiful thing here. How often do you get a gold producer for .02 per share. The facts only. Read below. Pursuant to the term of an Earn-in Agreement (the "Agreement") with Techshed Investments (Private) Limited ("TSI") dated November 26, 2021, the ...more