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Pacific Bay Minerals Ltd V.PBM

Alternate Symbol(s):  PBMFF

Pacific Bay Minerals Ltd. is a Canadian mineral exploration company engaged in the acquisition, exploration, and development of mining projects. It is focused on its 100% owned properties located in British Columbia: Sphinx Mountain Rare Earth Project near Dease Lake in northern BC and the Haskins Reed Polymetalic Project near Cassiar BC. The Sphinx Mountain Rare Earth Property is located in Northern British Columbia by staking. The property, approximately 50 kilometers (km) from Dease Lake, is accessible and suitable for work during the summer and fall seasons. The Haskins-Reed Property is a zinc, silver, lead, copper and bismuth prospect with multiple mineralized zones. The Haskins-Reed property is located in the Cassiar Mining District of North Central British Columbia. The property, situated just off Highway 37, on Mount Haskins and Mount Reed, hosts numerous skarn, replacement and porphyry-style mineral occurrences.


TSXV:PBM - Post by User

Comment by StrikeGoldon Feb 28, 2023 12:25pm
124 Views
Post# 35309974

RE:RE:RE:History

RE:RE:RE:HistoryLook at the record of most exploration stocks over the last two years.  They have the same price pattern.    I own a stock having Ron Netolitzky, a recent inductee of the Canadian Mining Hall of Fame, as the largest stakeholder who invested $1.3 million of his own money into the company which has produced solid results.  The market still dropped 70% because fund raising is difficult in this environment.   The market will hopefully recover once gold stays above $2000 and buyers return to the market but there is no question these are speculative plays.  But if you don't like the management at Engold or think the property is a bust you can sell and buy many other stocks at a discount right now.  



 

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