Roulston says why to buy Paget Minerals
Roulston says why to buy Paget Minerals
Paget Minerals Corp (C:PGS)
Shares Issued 89,814,507
Last Close 11/5/2012 $0.075
Tuesday November 06 2012 - In the News
Lawrence Roulston, in the Oct. 31, 2012, edition of Resource Opportunities, tells readers why to buy Paget Minerals Corp., recently eight cents. Mr. Roulston said buy on Feb. 17, 2012, at 14 cents. A $1,000 investment then is now worth $571. Paget is mourning the loss of its joint venture partner for the Ball Creek project in British Columbia. Blue Gold Mining has agreed to a takeover by Riverstone Resources, and now expects to direct much of its attention to a mult-imillion-ounce West African project. Mr. Roulston still likes Ball Creek, where one recent hole intersected 304 metres of 0.44 gram per tonne gold and 0.15 per cent copper, and says Paget's wholly owned portion remains "extremely attractive." The company also has a few projects in Mexico and a stake in an exploration company with holdings in Colombia. The Mexican interests include an option to earn 60 per cent of the San Ricardo gold project, where Paget recently drilled 13 holes over 800 metres. Results are expected by the end of November. Mr. Roulston says there might not be much news coming from Ball Creek over the next few months, but drilling at San Ricardo, elsewhere in Mexico and at the Colombian projects should be enough to "hold investor interest."
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