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Bullboard - Stock Discussion Forum Pambili Natural Resources Corporation V.PNN

Alternate Symbol(s):  PNNEF

Pambili Natural Resources Corporation is a Canada-based natural resources exploration and development company. The Company is focused on activities in Zimbabwe, including exploration and evaluation of gold mining properties. Its projects include the Golden Valley Project, and Happy Valley Mine. The Golden Valley Project is a typical Orogenic-style gold deposit located in the Bulawayo Greenstone... see more

TSXV:PNN - Post Discussion

Pambili Natural Resources Corporation > v.PNN is still worth the risk...at this price, the reward
View:
Post by EricSnott on Apr 09, 2023 12:37pm

v.PNN is still worth the risk...at this price, the reward

is well worth it. Here's PNN's most recent NR from last Wed:

Pambili chief executive officer Jon Harris commented: "We are delighted that a geologist with Steve's experience has agreed to join the team. Steve has detailed knowledge of more Zimbabwe gold mines than anyone else I know, and his engagement is critical to our being able to expand Pambili's footprint in Zimbabwe. Furthermore, Steve has an enviable pipeline of projects of his own, any one of which could add significant value to Pambili, and we look forward to working closely with Steve to develop one or more of these opportunities."

Mr. Smith said: "I would not have spent as much time in Zimbabwe as I have done if I did not believe in the mineral potential of the country. It is great that Pambili shares that belief and has committed itself to Zimbabwe opportunities abound, and they all need the development capital that Pambili can bring to fulfill their potential."

Comment by Tunerz on Apr 13, 2023 5:16pm
If you don't mind the 10 to 1 consolidation and further diution as per the NR a few months ago.... Yes  the price is good. But it's not worth much till everything is finished and they have there financing for the next round of gold hunting. I'm saying this owning shares at double there current value, so yes I have a bias. However long term I'm not worried (1-2 years down the ...more  
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