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Pan Global Resources Inc V.PGZ

Alternate Symbol(s):  PGZFF

Pan Global Resources Inc. is a Canada-based company targeting copper-rich mineral deposits. The Company's flagship Escacena Project comprises a large, contiguous, approximately 5,760-hectare land package controlled 100% by the Company in the east of the Iberian Pyrite Belt. The Escacena Project hosts its La Romana copper-tin-silver and Canada Honda copper-gold discoveries and a number of other prospective targets, including Bravo, Barbacena, El Pozo, Romana Norte, San Pablo, Zarcita, Hornitos, La Jarosa, Romana Deep, and Cortijo. In addition, the Company is exploring the Aguilas Copper Project near Cordoba in northern Andalucia, which covers an area of approximately 16,000 hectares. Its 100%-owned 5,653-hectares Carmenes copper, nickel, gold, cobalt project is located in the province of Leon, northern Spain. The area has a history of mining and the project is 70 kilometers southeast of Orvana Minerals' Orovalle gold, copper, silver mining operation in the same geological belt.


TSXV:PGZ - Post by User

Comment by lifegoesonon Jun 23, 2021 9:04am
198 Views
Post# 33433408

RE:RE:PAN GLOBAL RESOURCES CATCHES ATTENTION OF BLOOMBERG AND MANY

RE:RE:PAN GLOBAL RESOURCES CATCHES ATTENTION OF BLOOMBERG AND MANYMahoon, with the last Private Placement just closed at $0.60 raising a staggering $15M, it is great to see everything quiet. As I learned a long time ago, the best time to build a position is related to two key elements, 1) wait for a higher Private Placement thus establishing a floor to the share price and also establishing a vote of confidence in management and properties and 2) build a position after the raise is announced and the trading is quiet, which always means the price pulls back and one can get a better entry price. PGZ is one of those plays one buys and waits patiently. A great story developing here.
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