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Perpetua Resources Corp T.PPTA

Alternate Symbol(s):  PPTA

Perpetua Resources Corp. is a development-stage company. The Company operates through mineral exploration in the United States segment. It is primarily engaged in acquiring mining properties with the intention of exploring, evaluating, and placing them into production if warranted. The Company’s principal business is the exploration and, if warranted and subject to receipt of required permitting, redevelopment, restoration and operation of the Stibnite Gold Project in Idaho, the United States. Its Stibnite Gold Project is located in central Idaho, the United States, which lies over 100 miles northeast of Boise, Idaho, over 38 miles east of McCall, Idaho, and approximately 10 miles east of Yellow Pine, Idaho. Its mineral Stibnite Gold Project contains gold, silver, and antimony mineral deposits. It focuses to explore, evaluate, and potentially redevelop three of the deposits known as the Hangar Flats Deposit, West End Deposit and Yellow Pine Deposit.


TSX:PPTA - Post by User

Bullboard Posts
Comment by urekaon Nov 16, 2012 10:36am
160 Views
Post# 20609473

RE: RE: got ozs in ground and still drilling

RE: RE: got ozs in ground and still drilling

Overall market is poor so share price decline should be expected.

The market however could also be concerned about the amount of money the company is spending and how fast they are spending it.

Capital Markets may not be as receptive as they were 11 months ago when they did their last financing so maybe the company should react to the changed market and slow development.

JMHO

Bullboard Posts