Pasinex Resources Ltd C.PSE

Alternate Symbol(s): PSXRF

Metals & Mining Industrial Metals & Minerals

Pasinex Resources Limited is a Canada-based mining company. The Company owns 50% of Horzum Maden Arama ve Isletme Anonim Sirketi (Horzum AS), through its wholly owned subsidiary Pasinex Arama ve Madencilik Anonim Sirketi (Pasinex Arama). Horzum AS holds 100% of the producing Pinargozu high-grade zinc mine. Horzum AS sells directly to zinc smelters and or refiners through commodity brokers from its mine site in Turkiye. It also holds a 51% interest, with an option to increase to an 80% interest of a high-grade zinc exploration project, the Gunman Project, located in Nevada. Pinargozu is located about 28 kilometers (km) north of Kozan, Turkiye in the eastern part of the Taurus Mountain range. The Gunman Project is centered on a high-grade zinc concentration near the Bald Mountain gold mine. Its Akkaya property is located 1.5 km north of the Pinargozu Mine on the Horzum Zinc Trend (HZT), a known northeast trending zinc mineralized belt of carbonate-dominated sedimentary rocks in Adana.

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Pasinex Resources Ltd

Bullboard Posts

Comment by adogsbodyon Mar 24, 2003 12:15pm

198 Views

Post# 5969237

RE: Almost 6 Months Ago

IMO I don't think this is a market driven stock. PSE will have to follow through with real earnings before it can advance. There may well be a bear market rally on the war success but I think it will be short. Once the dust settles, it will be back to deficits,terrorism,us dollar, credit bubble etc etc....... If the market pops the shorters will be drooling again. I would love to see some sort of progress report from management as has been done here in the past.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario