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PPX Mining Corp V.PPX

Alternate Symbol(s):  SNNGF

PPX Mining Corp. is a Canadian exploration and development company with assets in northern Peru. The Igor Project, the Company's 100% owned property, comprises four of concessions of about 1,300 hectares and is located in the prolific Northern Peru gold belt in eastern La Libertad Department. The project is part of the Oligocene - Pliocene Gold-Silver Epithermal Belt. The Company is engaged in concentrating on the expansion and development of the Callanquitas structurally controlled high-grade gold and silver mineralization while simultaneously evaluating the potential for bulk-mineable, low-grade gold and silver mineralization at Tesoros and Portachuelos, targets that can expand the precious metal resource base at Igor. The Igor Project is a district scale project with the potential for multiple gold and silver deposits. Its subsidiaries consist of Sienna Minerals S.A.C. and Agraria Huaranchal S.A.C.


TSXV:PPX - Post by User

Bullboard Posts
Comment by Pennypicker4on Aug 22, 2007 9:04am
172 Views
Post# 13281949

RE: Maybe this is why Pratt wants in

RE: Maybe this is why Pratt wants inNo doubt that Dr Pratt is a MAJOR plus for this Company as he is a specialist in his field with a wealth of knowledge. But realistically the Share price is the best indicator of what is happening and at the moment there is no volume, few bids and a decline in the share price from $1.25 down to the current 60 cents. I have little doubt that the BIG PLAYERS have for the most part held on to their positions and yes this is VERY POSITIVE. But at the same time there have been, I suspect, insiders who sold all the way up to $1.25 ......my suspicions are based on the fact that House one (often insiders) were the largest sellers. I think too that we are justified in being disappointed at the results as few of us could have expected 6 disappointing holes out of 6. I like others am still very optimistic and agree that by November this could be a totally NEW BALL GAME. But at the moment there are more sellers than buyers and this is the reason for the decline in the share price to 60 cents....hopefully we have hit bottom and the SP will move higher from here. GLTA
Bullboard Posts