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Pinnacle Silver & Gold Corp V.PINN

Alternate Symbol(s):  NRGOF

Pinnacle is currently focused on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Pinnacle is also actively looking for other district-scale opportunities in the Americas, with a particular focus on silver and gold. With a seasoned, highly successful management team and quality projects, Pinnacle Silver and Gold is committed to building long term, sustainable value for shareholders.


TSXV:PINN - Post by User

Bullboard Posts
Post by DouglasFir2on Nov 03, 2020 7:03am
206 Views
Post# 31828338

Taking Stock

Taking StockNRG, as Don Durrett comments, is a project generator; it's role is not to produce gold, but to produce mines. It and its management have a successful track record. It sold its South American assets to focus on the Pamlico Project. NRG say there is $3m cash available for exploration there and in Ontario, so little risk of immediate dilution. NRG say 50% of shares are closely held. The market cap at 12.5¢ Can ps is a puny $15m. There are clear indications of high grade over substantial widths plus lessor grades over distance. My way of thinking here is if NRG fails, it would be a big surprise. 
Bullboard Posts