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Scratching the Back of a Monster!

Featured Submission, Featured Submission
1 Comment| March 15, 2021

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Investors need to understand and focus on two crucial points:

  • Copper demand is going to be well beyond our wildest expectations. The average combustion engine requires 20kg of copper, a hybrid 40kg, and a plug-in EV 109kg, and the cars of the future a staggering 163kg of the metal. EV sales are expected to rise to 21 million units by 2030. To ignore this is just plain silly, from an investment point of view. The overall trends in the use of copper could lead to a 10-fold increase to metals like copper, by 2050.

  • Pan Global Resources Inc. (TSX-V: PGZ, OTCQB: PGNRF, Forum) is a company you must own. Read closely the Sprott report in the link below, it is very good and will tell you all you need to know. Drilling is going very well, with ongoing intersections of copper and two rigs running full speed. Pan Global has recently added two more geologists and samples from eight drill holes are in the lab, pending results.

This is a rare situation where shareholders are about to receive a major "double dip". Not only will Pan Global benefit from a rising copper price, but it could also skyrocket on the incredible discovery that is growing through every drill hole.

Tim Moody recently stated that "We are scratching the back of a monster". Investors should realize that this could get big.

Copper is rare and hard to find, even rarer is to be able to invest in a truly world-class, high-grade copper deposit in the Iberian Pyrite Belt.

Being able to invest in this type of situation with a market cap below $100 million simply will not last.



FULL DISCLOSURE: Pan Global Resources Inc. is a client of Stockhouse Publishing.


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Comments

We're going to need a bigger boat!! PGZ
(2)
March 15, 2021

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