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PAMPA METALS CORP.
US SYMBOL: PMMCF
CANADA: PM | GERMANY: FIRA
Last Price: 0.2501 | Website | Latest News
As green and sustainable initiatives continue and global economic concerns mount, copper prices have been on the rise, reaching an all-time high in recent days.
The demand for renewable energy products, which rely heavily on copper, has helped to push the metal to record highs over the last year. Goldman Sachs predicts that demand is going to continue to rise and will grow nearly 600% by 2030
Current geopolitical factors could also be motivating investors to stockpile on copper in fear that the price may go even higher. Russia currently controls about 10% of the world's copper reserves and potential sanctions could further squeeze supply.
Due to the demand and uncertainty over supply, copper prices have risen from under $5,000 per ton in March 2020 to over $10,000 per ton in March 2022.
All of this makes the need for a MAJOR copper discovery more important now than ever! Some experts are going so far as to say that the copper supply is a matter of National Security!
Trading at around 25-CENTS, Today's Alert is a "unique copper investment opportunity," that may be on the brink of a MAJOR discovery that could send share prices skyrocketing.
Pampa Metals Corp. (PMMCF)
Pampa Metals (PMMCF) owns a highly prospective, wholly-owned, 62,000-hectare portfolio of eight projects for copper and gold located along proven mineral belts in Chile, one of the world's top mining jurisdictions.
The Company is actively progressing four of its projects, including completed and planned drill tests, and has two additional projects optioned to Austral Gold Ltd., with Austral already drill testing its first target on Pampa Metals' ground.
PMMCF has also recently signed an agreement with VerAI Discoveries Inc., giving Pampa Metals access to the latest in artificial intelligence technology in relation to mineral exploration, as well as a further 18,700 hectares of highly prospective terrain in the core of the highly productive mineral belts of northern Chile.
PMMCF - Multiple Rallies from Today's Levels
Compared to where PMMCF was trading once before (at a 52-week high of around $1.07) current levels could represent a bounce potential north of 300%!
And at today's levels, the stock is nearing a critical historical breakout point.
In August, PMMCF rallied from .2261 to .3724, gaining 64% in under two weeks. Even more recently, the stock returned to its support level and climbed from .2403 on March 10th to .3654 on April 1st, for a 52% gain.
The stock is now back near its support level despite that fact that earlier this month, copper prices hit a record high.
Demand also shows no signs of slowing. Sales of electrical vehicles surged 160% in 2021, boosting demand for copper. China’s recovery in late 2020 and early 2021 also likely played a role in boosting copper prices.
Copper prices have doubled since the pandemic low, and some industry insiders believe the rally is far from over...
For example, the head of mining giant Glencore said that prices need to increase by another 50% to $15,000 a ton to encourage the investment that is needed for the clean energy transition!
As the copper boom continues, this could bode well for PMMCF and the possibility of it rebounding to its 52-week high and beyond...
As you can see in the chart below, PMMCF is again trading near the same levels it was before its last two big moves.
PMMCF CHART 4/12/2022
TOP PMMCF HIGHLIGHTS
A 52-week high of $1.07 implies Potential Upside of 300%+
Trading near support, with a history of rallies from these levels
PMMCF has a focus on Chile, one of the world's TOP mining jurisdictions
Big-company executive experience (BHP, Rio Tinto, Anglo American)
The company is focused on making a MAJOR copper or gold discovery
Demand and prices for copper are at record levels
A flurry of promising news releases regarding its mines in recent weeks
RECENT NEWS
PMMCF Reports IP Chargeability Anomalies from the Cerro Chiquitin Target at Cerro Buenos Aires
PMMCF's IP study results have improved the understanding of exploration results from 2021 and have clarified drill targets for further shallow and deep drilling near the Cerro Chiquitin at the company's Cerro Buenos Aires project.
PMMCF Completes $1.136 MIL First Tranche of Private Placement to Drill Block 4 Discovery
PMMCF has closed the first tranche of a private placement offering of 3,786,700 units at a price of $0.30 per unit for gross proceeds to the Company of $1,136,100. Encouraging assay results from the trenching program were recently published, with highly anomalous copper, moly, and gold values.
PMMCF Reports Copper-Gold-Molybdenum Values from Trenches at the Buenavista Target within Its Block 4 Project Preparations for Drill Testing Underway
PMMCF management is excited about assay results from trenching at the Buenavista target in Block 4 which returned up to 0.26% copper, including 24m @ 0.14% Cu - and up to 0.64g/t gold, including 24m @ 0.25g/t.
PMMCF - Company Forges Ahead with an Outstanding Property Portfolio
PMMCF's mission is to create value for shareholders and other stakeholders by making a major copper and/or associated gold discovery along the prime mineral belts of Chile.
Copper has one of the greatest growth profiles and demand/supply metrics, while gold is one of the most attractive high-value metals. Chile is an elephant country for major economic copper deposits which means PMMCF is in the right place and perhaps at just right time! 
 "The Company currently has a very active exploration campaign during this strong copper market.
Pampa Metals has one project being drilled by JV partner Austral Gold and based on recent results, Block 4 is the immediate focus for Pampa Metals to start its own, new drilling program."
A. Paul Gill, CEO. |
It's important to note that PMMCF has drilling plans underway for their Block 4 property, so make sure to keep your eyes on this.
Copper Prices Are at Record Levels Copper prices have risen 125% from their March 2020 lows, and the "red metal" has been among the commodities hitting record high prices since the pandemic began.  Chile is a key player in the copper supply crunch as the country is the world’s most prolific copper producer...
All of this could set the stage for an Under-the-Radar mining company like PMMCF to catch Wall Street's attention as the company moves forward with drilling programs with the goal of finding the next big copper, or even gold discovery in the world!
With over 300% upside potential, a history of rallies, a slew of positive developments, and uncertainty in the copper market, PMMCF needs to be on your radar TODAY!
Make sure you put PMMCF on your screen RIGHT NOW and Follow on Twitter for Updates + Play-by-Play! |