Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Comment by DouglasFir2on Apr 29, 2021 2:39pm
282 Views
Post# 33094767

RE:Insiders are participating in financing

RE:Insiders are participating in financingAt 14¢ NRG has a market cap of just $20m. Accepted, exploration is a lottery game, where investors have to assess the odds. Bob Archer quotes "mulit million ozs", he seems to be pretty sure it's there, its a question of finding it., With the financing and the drilling activitiy we should expect the sp to drfit up. My interpretiion of Archer is that he is quite optimistic on a major find, and at 5m ozs at 14¢ per share NRG prices an oz in the ground at $4 per oz. There is a big upside if its there. $1 ps  wouldn't be doing it justice, as 5m ozs would be priced at $33 per share in the ground, and I think Archer is thinking/hopeful of way more ozs than that. This is a personal view without any discussion with Bob Archer or any NRG people. 
<< Previous
Bullboard Posts
Next >>