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PTX Metals Inc C.PTX

Alternate Symbol(s):  PANXF

PTX Metals Inc. is a Canada-based mineral exploration company focused on critical mineral projects, including two flagship projects situated in northern Ontario. The Company’s assets include a 100% ownership interest in the W2 Copper-Nickel-PGE Project near the Ring of Fire; a 75% interest in the South Timmins Mining joint venture with Fancamp Exploration, which includes the 232 square kilometers Shining Tree Gold Project and the Heenan Mallard Gold Project, both of which lie along the Ridout-Tyrell Deformation Zone on strike with IAMGOLD’s Cote Gold deposits. It also has an option to earn a 100% ownership interest in the Muskrat Dam Critical Minerals Project with a primary focus on Lithium located in Northwestern Ontario. In addition, it holds a portfolio of net smelter return (NSR) royalties on gold, PGE, and base metal properties in Ontario. The Company also has claims staking a large mineral rights position in the Thelon Basin Nunavut, Canada and the Nunavut Uranium Claims.


CSE:PTX - Post by User

Bullboard Posts
Post by Traikinon Oct 16, 2007 10:00pm
225 Views
Post# 13584548

BTL layered Intrusion

BTL layered Intrusion-Market cap 6.5 mil -oustanding shares 15.3 mil -insiders own 40% -3 mil raised in light of recent abcp debacle. The story must warrant some value if they're parting with cash. -CEO- Trusler, 39 years experience, strong PGE focus. -First Nations issues workable. -PTX controls 17 km of the BTL layered mafic ultramafic intrusion. Not to shabby. -Identified chromitite reefs, PGE's really like hanging out near chromite. - 8.3 g/t platinum hit over 2.3 m. Did Inco drill right through a platinum reef? - 17,000 ft of core drilled by Inco, to be relogged and tested for PGE's - Model driven drill ready targets, 7,000 m planned. I'd say this is one of the better specs with large upside potential. They have more information and positive indicators going for them than most companies. JMO- Be Well
Bullboard Posts