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Bullboard - Stock Discussion Forum Pitchstone Exploration Ltd V.PXP

TSXV:PXP - Post Discussion

Pitchstone Exploration Ltd > Out of cash soon?
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Post by kanerfalk on Sep 27, 2010 3:51am

Out of cash soon?

When will PXP be out of cash? Is it time for a new PP? I wonder how
long the investors will keep putting their money in to this one. If they
don't hit  anything really big soon i believe the SP will continue to fall,
maybe below 0,10 CAD... Thoughts?
Comment by Salvadoral on Oct 21, 2010 10:03pm
Looks like Pitchstone has $3.6 million in the bank, own 100% 12 properties in Athabasca Basin, have a 50/50 interest in 4 properties in the Hornby Basin and 63% interest in two properties in Namibia. Drills turned in Namibia and are waiting for results, some promising results in Athabasca Basin. Some insider buying in Feb and again in June. No doupt PP in future but we only have 36M ...more  
Comment by kanerfalk on Oct 30, 2010 3:46am
Maybe a small position, I held it the last uranium-run and made some good money . But I don't think the team has come up with any signifcant in the last years, but maybe it's time now? Have they been drilling in Africa or is just grab smaples?GLTA
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