Turn around? Bonanza grade wasn't what I expected :) Looks very promising. Results from another 7 holes are pending... Very encouraging they find high-grade in underexplored rocks not considered to host gold.
I have had my eyes on PKL for a while and was lucky to make the decision to buy 2 days ago. Some of the reasons why I chose to get in:
- inexpensive ounces compared to other juniors
- a lot of infrastructure in place
- the area was historically abandoned due to low gold price rather than lack of gold
- not too many shares or outstanding warrants
- near term triggers, obviously :)
For me, the questionmarks about this company are financing and management. Anyone has something to say about the guys behind this company? Today's release can't be negative in a financing point of view.. This could be a turn around for PKL, hope so!
GL