Palamina Corp V.PA

Alternate Symbol(s): PLMNF

Metals & Mining Industrial Metals & Minerals

Palamina Corp. is a gold exploration company with a land bank of gold projects in the Puno Orogenic Gold Belt in southeastern Peru. The Company’s projects include Usicayos Gold Project, Panorama Gold Project, Cristel Gold Project, Yin Gold Project, Bendi Gold Project, Cori Gold Project, Inca Gold Project, and Pluma Copper Silver Project. The Usicayos Gold Project is located near the town of Usicayos and holds title to over 11,612 hectares (ha) of mineral concessions. It owns the mineral rights to over 2,400 ha at the Panorama Gold Project. The Cristel Project consists of 3,500 ha of mineral rights and sits southeast of Minera IRL’s Ollachea gold deposit and northwest of its Usicayos Gold Project. It holds title to 6,232 ha covering the Bendi Project, located to the northeast of the Usicayos Gold Project. It also has over 11,347 ha at the Cori Gold Project. It also holds a 15.4% equity interest in Winshear Gold Corp. and a 2% net smelter return (NSR) royalty on all their projects.

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Palamina Corp

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Post by cincocincoon Jan 20, 2018 3:36pm

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Post# 27401540

getting ready to launch

I think this stock is going to take off soon. Great management, low stock float, very prospective new peru properties, and cash in the bank. This spring when they begin to advance these properties, the stock price should really heat up. I would think $.50 by spring, and then maybe a small raise at $.50 or above. These properties in peru are very prospective. PA is under the radar....for now.

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