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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

Post by DouglasFir2on Oct 06, 2021 11:28am
231 Views
Post# 33973519

Exploration Update

Exploration UpdateThe press release indicates management is going through a learning process with respect to the analysis of a complex and sizeable claim area, and were disappointed by the performance of the operator. Management may need to take advice from experienced authoritative operators, and set to work. Results are disappointing, sure, but for only 4 holes, in just one small part in the property. The readings of the drilling over the past 3 years show consistent good grades and the potential remains. We have 2m shares traded today. A spec blowout which to my mind is an overreaction. Management needs a cool head, take advice, and plough on to great success. 
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