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Pelangio Exploration Inc. V.PX

Alternate Symbol(s):  PGXPF

Pelangio Exploration Inc. is a Canada-based company, which acquires and explores land packages on strategic gold belts in Ghana, West Africa and Canada. In Ghana, the Company is exploring its two 100% owned camp-sized properties: the 100 square kilometers (km2) Manfo property, the site of seven near-surface gold discoveries, and the 284 km2 Obuasi property, located four kilometers (km) on strike and adjacent to AngloGold Ashanti’s prolific high-grade Obuasi Mine, as well as its Dankran property located adjacent to its Obuasi property. Its Canada projects include Gowan Polymetallic, Dome West, Birch Lake, Grenfell, Kenogaming, Hailstone and others. The Gowan polymetallic project is a 4.3 km2 property located in Gowan Township, 27 km northeast of the City of Timmins, Ontario and 16 km due east of Glencore’s Kidd Mine Site. Pelangio's Dome West property is located within the main Timmins camp approximately 800 meters west of Newmont’s Dome super pit.


TSXV:PX - Post by User

Post by Scoophammeron Jul 17, 2023 12:24pm
372 Views
Post# 35544302

Pelangio Obuasi Litigation New Release

Pelangio Obuasi Litigation New Release
For someone who claims this company is "grade A garbage" and an "exploration junk company", you sure are caught up in posting about it.
 
Why not move on before the consolidation you say is supposedly coming?
 
Funny how in all your deep analysis of Pelangio you havent mentioned last week's news release about the litigation on the Obuasi property finally being resolved. That's the property beside the giant Obuasi mine.
 
You know the Obuasi mine, right? The prolific gold mine next door to Pelangio"s property. The one ran by AngloGold-Ashanti. The one with 33 million ounces of gold produced.
 
Yeah, so Pelangio havent been able to work on their exploration property next to that gold mine for quite awhile because of a court injunction on some of the licenses. But now the injunction has been removed and they are actively planning an exploration program for it. Very exciting stuff.
 
I'm surprised you missed that news and havent posted about it.
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