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Bullboard - Stock Discussion Forum Silver Pursuit Resources Ltd V.SPF

"Silver Pursuit Resources Ltd is engaged in the acquisition, exploration, and development of mineral properties. Its projects include Gordon Lake Property in Canada and Nevada Claims in the USA. The company owns an interest in East Bell Properties, Black point project, Hoyt Project, and Stevens Basin properties."

TSXV:SPF - Post Discussion

Silver Pursuit Resources Ltd > Kathleen McClay (another small insider purchase)
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Post by production05 on May 04, 2016 2:23pm

Kathleen McClay (another small insider purchase)

She purchased 217,000 Silver Pursuit shares on the open market on April 12, 2016 (filed on SEDI on April 15, 2016).  She paid $.035 per share.  Silver Pursuit`s share price is currently $.09.  Hopefully they can come through in getting some good properties in Nevada.  I guess we should find out within the next 2 or 3 months.  They are targeting mineral claims in Nevada that have been abandoned by major mining companies.  There may be some interesting claims out there that were abandoned by majors during low gold/silver price environments in the past (i.e. the late 1990`s, when the gold price fell to around US $250).  The gold price is near US $1,300 and we are heading into a new gold/silver bull market.  This is good timing, if Silver Pursuit can identify some good properties.  We will have to wait and see what they find, to fully assess the situation.  Bryan McClay has been in the mining business for over 40 years.  Hopefully all that experience will come in handy, to ensure they capitalize on the situation.
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