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Bullboard - Stock Discussion Forum American Pacific Mining Corp C.USGD

Alternate Symbol(s):  USGDF

American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. It has two flagship assets: the Palmer Project and the Madison Project. The Palmer Project is a Volcanic Massive Sulfide (VMS) project in Alaska. The Palmer Project is located only 60 kilometers (km) from the deep seaport at Haines, Alaska. The Madison... see more

CSE:USGD - Post Discussion

American Pacific Mining Corp > Trying not to be a basher
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Post by Seestock8 on Mar 18, 2021 5:53pm

Trying not to be a basher

Another news release and no move in the stock price. This has been a trend for quite sometime. Even when most of these news releases look pretty good and the drill results that have been released are ok but pretty much none of the news that has come up has made the share price move and makes me wonder if this is a management problem and some of the deals that they have signed haven't been much of a benefit to the company. For myself as a result I have sold off most of my position at a loss and have rolled it into other plays hoping to make up for the losses here. The only reason I am still holding a position is because of Rio Tintos involvement. I have been a champion of this stock for sometime and I guess maybe I am to impatient and don't fully understand the time frame of mining stocks to get their act together. Maybe it is going to take another year before they get their ducks in a row or all it will take is either a buy out or a great news release to push this up over night one day. And on the other hand maybe I am going to regret selling off some of my position. Time will tell let's see what happens.
Comment by HomTanks on Mar 23, 2021 3:53pm
Agreed, Seestock. Performance has been dissapointing for months now. We are not alone though - the junior markets are incredibly soft at the moment. Good news doesn't seem to move the needle for almost anyone these days. Hard to hold it against managment though... it's hard to fight the trends no matter how good your assets and execution are. I think we are going to need the gold trade to ...more  
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