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Prospector Metals Corp V.PPP

Alternate Symbol(s):  PMCOF

Prospector Metals Corp. is a Canada-based company, which is focused on district scale, early-stage exploration of gold and base metal prospects. Its projects include Devon, Whitton, Savant, Toogood, and Mike Lake. It has a 100% interest in the Devon Project, which covers over 12,200 hectares (ha) and lies on the Archean craton margin, covered by a sulfide-bearing sedimentary basin, Ontario. It holds a 70% interest in the Savant project and covers over 22,900 ha and is located 240 kilometers (km) northwest of Thunder Bay, Ontario. The Whitton project is located within 20 km of Impala’s operating Lac des Iles platinum-palladium-nickel-copper mine. It holds a 100% interest in the Toogood project and covers over 11,825 ha, located on New World Island, approximately 65 km north of Gander, Newfoundland. Its Mike Lake property encompasses over 4,757 ha within the prolific Tintina Gold Belt, and is located approximately 80 km from Dawson City, Yukon Territory.


TSXV:PPP - Post by User

Bullboard Posts
Comment by yukoninvestoron Apr 28, 2011 7:05pm
313 Views
Post# 18503615

RE: RE: Ethos McCoach interview

RE: RE: Ethos McCoach interviewIn my experience good times to short a junior stock are when the share price is being propped up to facilitate a financing, or sometime before the shares issued in a financing become free trading. If all a company has is a strong marketing group, sooner or later most investors should see through the smoke and mirrors, reality will set in, and the share price should drop. I would be worried about shorting a company if there was some significant development potential, but after looking at the property portfolio my opinion is that this is not the case at the moment. Maybe they will do something smart with the money they are trying to raise, but maybe they will not. Their property acquisitions so far are weak if you ask me.
Bullboard Posts