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Pasinex Resources Ltd C.PSE

Alternate Symbol(s):  PSXRF

Pasinex Resources Limited is a Canada-based mining company. The Company owns 50% of Horzum Maden Arama ve Isletme Anonim Sirketi (Horzum AS), through its wholly owned subsidiary Pasinex Arama ve Madencilik Anonim Sirketi (Pasinex Arama). Horzum AS holds 100% of the producing Pinargozu high-grade zinc mine. Horzum AS sells directly to zinc smelters and or refiners through commodity brokers from its mine site in Turkiye. It also holds a 51% interest, with an option to increase to an 80% interest of a high-grade zinc exploration project, the Gunman Project, located in Nevada. Pinargozu is located about 28 kilometers (km) north of Kozan, Turkiye in the eastern part of the Taurus Mountain range. The Gunman Project is centered on a high-grade zinc concentration near the Bald Mountain gold mine. Its Akkaya property is located 1.5 km north of the Pinargozu Mine on the Horzum Zinc Trend (HZT), a known northeast trending zinc mineralized belt of carbonate-dominated sedimentary rocks in Adana.


CSE:PSE - Post by User

Bullboard Posts
Comment by hockeylad33on Nov 14, 2007 11:15am
138 Views
Post# 13805447

RE: My notes on CC

RE: My notes on CCSpiney, I did nothing in my post but share the facts followed by my opinion. That is exactly why a board like this exists. If you do not agree with my post, please feel free to refute it, but there is no need to attack me personally. The only reason you provided that this deal is not accretive to both companies is that you are more interested in the increased risk/reward ratio you had with PSE alone. Perhaps the chance of a slam dunk is slightly diluted, but certainly the merged company does benefit from certain synergies. hockeylad33
Bullboard Posts