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Pampa Metals Corp C.PM

Alternate Symbol(s):  PMMCF

Pampa Metals Corporation is a Canada-based copper-gold exploration company. The Company is engaged in the acquisition and exploration of base metals and precious metals projects in the Americas, with a primary focus on the Piuquenes Copper-Gold Porphyry Project in San Juan Province, Argentina. The Piuquenes Project consists of nine mining titles that cover an area of approximately 1,880 hectares (ha) in the San Juan Province of Argentina, adjacent (to the north) with the Altar copper-gold porphyry Project (held by Aldebaran Resources Inc.) and approximately 190 kilometers (km) west of the city of San Juan. Other large porphyry copper projects in the San Juan Miocene porphyry belt include: El Pachon (held by Glencore) approximately 30 km to the south; the operating Los Pelambres copper mine (60% interest held by Antofagasta plc) in Chile; and Los Azules (held by McEwen Mining) 50 km to the northeast.


CSE:PM - Post by User

Post by inseon Oct 01, 2021 11:53pm
284 Views
Post# 33956989

What a difference a week makes

What a difference a week makes

What a difference a week makes. Last Friday, PM closed at 0.45 to end the week on a high note.


Pampa Metals subsequently put out a very positive news release early this week with initial drill results from their Redondo-Veronica property, which is located along the Domeyko Belt (the world's single most productive copper belt). These initial drill results seem to indicate the hallmarks of a porphyry copper discovery.
 

The market reaction to this very positive news has been confusing to say the least. And then to close today at 0.31...what a terrible way for PM to end the trading week.


Thanks to whoever sold 70k shares at 0.265 for moving us significantly lower...absolutely pathetic.

 

$0.31-0.06 | -16.22%Bid: 0.31 x 12000Ask: 0.32 x 1000Volume: 239,600
CADCANADIAN SECURITIES EXCHANGEDELAYED PRICEMARKET CLOSEDOCTOBER 1, 2021 3:52 PMEDT
 

Looking forward to better days ahead for PM.


GLTA

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