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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
Comment by madmagooon Jul 27, 2012 3:58pm
255 Views
Post# 20160612

RE: RE: RE: False run, right, Travis??

RE: RE: RE: False run, right, Travis??

Dude

 

I would love to know how they will raise the 4 to 5 million to fund this drill plan at 3 cents without screwing existing shareholders.

there is zero interest here. Since 2010 they had 5 million which they spent of soil sample and a lame a$ $ weak drilling program.  They blew their chance and still a long ways from making a significant discovery.  the last drill program came up pretty much empty even though they spent millions on soil sampling and IP.

they obviously still do not understand the property. too bad because it seems like an interesting property. I guess management will have to get real jobs since there is no more money left to pay the 100K+ salaries.

 

Can not believe they spent 5 million in two years and they don't even have a pot to pi$ $ in.

too many juniors with no money and margianl properties.  many will not survive this down turn.

watch for a wave of reverse consolidation of shares in juniors in which you will recover pennies on the dollars.

common farm it out and give someone else a chance.

 

 

Bullboard Posts