Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Jun 08, 2023 1:00pm
99 Views
Post# 35486786

RE:RE:RE:Work commitment dates extended to this summer

RE:RE:RE:Work commitment dates extended to this summer
I actually do understand your frustration.  I don't know if you have other exploration stocks or not.  If you did I think you would realize that at least 90% of junior explorers have "lost millions" in market cap over the last two years.  These are all highly speculative plays.   

You mentioned the word "investors" which leads me to think you are holding these as long term, as in buy and hold.  One can sell some shares high and rebuy the same number lower and manage to be in long term while helping to migate losses on the decline, but that still involves speculative trading which can be a losing battle.  Depending on the market timing and sentiment an 80% downturn can and do happen with these types of mineral exploration stocks. It's not just David Brett's stocks.  
 
You mentioned Brett's salary at Engold being too high, and that is your call to make and I won't argue it. The CEO's salary is something every investor has to make their own call on. 
 
I am here because I think the Pac Bay's projects have merit and I think the hiring of their new CEO geologist was a good move. 
 
<< Previous
Bullboard Posts
Next >>