Bullboard - Stock Discussion Forum Panoro Minerals Ltd POROF

Primary Symbol: V.PML

Metals & Mining Industrial Metals & Minerals

Panoro Minerals Ltd is a Canadian copper exploration company. The Company is principally engaged in the acquisition, exploration, and development of mineral properties in Peru. It is advancing its flagship Cotabambas Copper-Gold-Silver Project (the Cotabambas Project) located in the strategically important area of southern Peru. In addition to the Cotabambas Project, the Company retains a... see more

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TSXV:PML - Post Discussion

Panoro Minerals Ltd > Panoro Minerals Grows Resource, Adds High Grade, Reduces Was

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Post by ccrfmac on Jan 15, 2024 11:19am

Panoro Minerals Grows Resource, Adds High Grade, Reduces Was

https://money.tmx.com/en/quote/PML/news/6536030008486788

No good news, they have lowered tthe cutoff grade in order to show a signifcant increase in resources. At the the previous 0.20 cutoff grade the total million tonnes are 417.7 (Indicated ) + 362.9 (Inferred) = 780.6. As the CEO was announcing (in alll his previous online presentations) a much higher increase in resources, this may explain the no reaction in share price and volume for this announcement. It seem that we will have to wiat for teh PFS study on order to see an increase in share price.

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