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Pelangio Exploration Inc V.PX

Alternate Symbol(s):  PGXPF

Pelangio Exploration Inc. acquires and explores prospective land packages located in gold belts in Ghana, West Africa and Canada. In Ghana, the Company is focused on its two 100% owned camp-sized properties: the 100 square kilometers Manfo property, the site of eight near-surface gold discoveries, and the 284 square kilometers Obuasi property, located four kilometers (km) on strike and adjacent to AngloGold Ashanti's high-grade Obuasi Mine, as well as the Dankran property located adjacent to its Obuasi property. The Manfo project is located in the Sefwi-Bibiani greenstone belts of the Paleoproterozoic Birimian of southwest Ghana, about 15 km southeast of Newmont's Ahafo gold mine. The Dankran project covers an area of approximately 34.65 square kilometers contiguous to the northeastern corner of its Obuasi project. Its Canadian properties include Gowan Property, Grenfell Property, Kenogaming Property, Hailstone Property, Birch Lake Property, and Poirier Gold Property, and others.


TSXV:PX - Post by User

Bullboard Posts
Comment by misterz26on Mar 09, 2016 8:41am
68 Views
Post# 24637837

RE:RE:meh still lot's of flippers on the exchange...

RE:RE:meh still lot's of flippers on the exchange...It doesn't make sens to trade this stock on the short term. Pelangio is a long term investment, 2,3 years from now, you could get 10x 20x returns. And that would not be suprising at all. All the fundamentals are good, it's just about timing, I think  the management team is waiting for the best moment to move forward like they did with the successfull Detour previously.
Bullboard Posts