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Bullboard - Stock Discussion Forum Pacific Ridge Exploration Ltd V.PEX

Alternate Symbol(s):  PEXZF

Pacific Ridge Exploration Ltd. is a Canada-based copper-gold exploration company. The Company's British Columbia projects include Kliyul, Redton, RDP, Onjo and Chuchi. The Company's Yukon Projects include Mariposa, Eureka Dome and Gold Cap. The Company owns 100% of the Kliyul copper-gold project, which is over 90 square kilometers (km2) in size and is located in the prolific Quesnel Terrane... see more

TSXV:PEX - Post Discussion

Pacific Ridge Exploration Ltd > gold and copper prices
View:
Post by Marcus319 on Jul 16, 2022 1:55pm

gold and copper prices

How frustrating. Company being very aggressive and making things happen and the bottom falls out of gold and copper. How's that for timing.
Comment by Pandora on Jul 16, 2022 9:48pm
A comment from the Kitco site yesterday: https://www.kitco.com/news/2022-07-15/Gold-price-at-1-700-is-in-a-danger-zone-as-markets-enter-Fed-s-blackout-period-before-the-July-meeting.html Three times in 2021 Gold hit a bottom price of $1678 - is it heading there again? https://www.kitco.com/commentaries/2022-07-15/Will-1700-become-a-sustainable-support-level-for-gold.html This video is in very ...more  
Comment by EdinColorado on Jul 19, 2022 2:33am
If Pex was a producer, I'd be worried more, but they are an exploration company with a nice discovery. By the time this discovery gets brought to production, the price of gold at copper in July 2022 will be history and irrelevant. Pullback is fine time to add shares of this company, IMHO. 
Comment by Marcus319 on Jul 20, 2022 11:52am
Agreed Edin. Was hoping that share price would hold in 40's ini anticipation of drill results and then have a nice pop with results we are all hoping for. With people like Eric Coffin invested in this company and having listened to interviews I am now way more comfortable with my investment in this company. Adding experienced staff like they have, especially for this area in B.C. I think was ...more