Perpetua Resources Corp T.PPTA

Alternate Symbol(s): PPTA

Metals & Mining Gold

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.

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Perpetua Resources Corp

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Comment by moreDDon Oct 26, 2013 5:21am

190 Views

Post# 21851140

RE:New investor here

Yes it s undervalued...but that s relative...to many questions still unanswered and no one knows the time line as to when will Midas start production...speculation is that production is still at least 5 years away if not more...permitting is a long proces in Idaho...in time frame of 5years who knows what happens to gold price, markets in general....so at this point in time if everything turns out as planed we are looking at 3-4 cad pps minimum with 200 mil. o/s in 3-4years....if something goes wrong well then you know...

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