Bullboard - Stock Discussion Forum ProAm Explorations Corp V.PMX

Energy Oil & Gas E&P

ProAm Explorations Corporation is a Canada-based junior mineral exploration and development company. The Company operates in Canada and the United States. Its mineral properties include the Samuel Lake Project, Jet Property, and others. It owns an undivided 100% interest in certain claims comprising the Samuel Lake Property. Its Nevada property, which is the Jet Property, consists of about 57... see more

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TSXV:PMX - Post Discussion

ProAm Explorations Corp > yawn

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Post by GenHandgrenade on Jul 24, 2018 11:14am

yawn

Not much happening right now but wait till they rebuild/repair/replace the pipeline. It will be fun then.

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Comment by JR12 on Aug 09, 2018 11:48pm

This post has been removed in accordance with Community Policy

Comment by GenHandgrenade on Aug 14, 2018 2:21pm

They get enough cash to keep the lights on every year from the other assets. Why sell your cash flow limited as it is? The pipeline is not PMX property. It is owned by another company who isn't repairing/replacing it. I don't think PMX has the lift to buy and repair the pipeline. In the mean time its a waiting game for the owner to get the pipeline working and the other assets provide the ...more

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Comment by GenHandgrenade on Aug 14, 2018 2:54pm

Canadian insider says that the CEO and relations sold around 400 K shares at .035 on the 13th and bought some at .02 as well. And SEDAR says that he wants to sell up to 2 million of the 6+ million he holds. I wonder to whom they sold to (house 59 bought almost all of them). Hmm share maneuvering going on I suspect getting someone in cheap. By the way their MD&A indicates that a "senior ...more

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