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Pacific Ridge Exploration Ltd V.PEX

Alternate Symbol(s):  PEXZF

Pacific Ridge Exploration Ltd. is a Canada-based copper-gold exploration company. The Company's British Columbia projects include Kliyul, Redton, RDP, Onjo and Chuchi. The Company's Yukon Projects include Mariposa, Eureka Dome and Gold Cap. The Company owns 100% of the Kliyul copper-gold project, which is over 90 square kilometers (km2) in size and is located in the prolific Quesnel Terrane close to existing infrastructure. Its Redton project is a porphyry Cu-Au property that adjoins Northwest Copper Corporation's Kwanika property along its eastern and northern boundary. Its RDP project is an approximately 3,800 hectares (ha) project lying within the Stikine Terrane, which is host to numerous significant porphyry deposits in northern British Columbia, including Kemess, Red Chris, Kerr - Sulphurets and Galore Creek. Its Onjo project targets gold-copper porphyry deposit. The Orbison project is a reconnaissance porphyry Cu-Au exploration program in central British Columbia.


TSXV:PEX - Post by User

Comment by StrikeGoldon Feb 17, 2022 1:40pm
81 Views
Post# 34438794

RE:re re drilling

RE:re re drilling
They are acquiring new area projects.   For example they just acquired a property next to the Milligan mine.   I'm sure they will be looking at exploration targets for this year and examining any historical data right in the next few months.  

https://stockhouse.com/news/press-releases/2022/02/03/pacific-ridge-acquires-onjo-copper-gold-porphyry-project

As far as field work, you are right in that they have to wait for the snow to melt. Not much can be done.  However the lack of market interest in the near team should afford more buying opportunities.   

Also, one needs to realize that it's not a "hold everything or sell everything" strategy that most investors here employ, or at least I would hope.   I see some posts that ask questions like "did you get out in time?".   That is called market timing and it rarely works for most people.   Nothing wrong with selling a portain of one's shares when the stock rises quickly to lock in gains and buying back in lower.  But that's the difference between quick traders versus those holding a base position here for the next two to three years to see how the story unfolds - I am in the latter category. 

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