Comparison to Pac Ridge? https://stockhouse.com/news/newswire/2020/02/26/bc-s-untapped-gold-resource-ready-to-be-explored I saw this a couple days ago and thought the company mentioned was an interesting parallel to Pac Ridge as far as the type of their new project, past exploration work on the new property, scale and size, potential for expansion, exploration model, and the company’s number of shares outstanding and cash position. However Pac Ridge's market cap is several times less.
I thought it interesting that the article says it’s primarily a gold property (Buck property), and that their best gold intercept from historic drilling is shown as 30.8 meters of 3.07g/t, whereas Pac Ridge’s new acquisition had a similar 20.4 meters of 3.02 g/t gold, but is billed as more as a copper/gold project.
The Kemess South mine near Pac Ridge’s new property is shown on the map on the link. The link is for a paid article for that company, but Pac Ridge hasn’t really done any advertising which may account for lack of buyers at the moment. A bonus for Pac Ridge is that they should be getting $1.2 million from their Fyre lake optioned property by the end of this year for free (with no new shares added).
Just need to wait for the next set of news releases to detail the work plans. And of course with their current valuation, if they could prove up an economical deposit at the new property it’s a home run stock. I’m staying here for at least the next two years to see if the stock can get some legs to start moving up with multiple projects in play.