Tax Loss Selling !!!
posted on
Dec 15, 2020 03:50PM
Despite PRB's total ounces as of July 2019 PRB has had a difficult time moving the sp up, maybe they are not as interested in the sp as many junior investers but its a tad disappointing that the sp is holding below $1.8 C when there is 3.4 M ozs on the books plus about 18 months of drilling less the time off for Covid in March / April 2020. Fully expect the drilling hit percentage was somewhat higher once they developed some experience with the high power 3D IP which identifies the pyrite which is associated with the gold. Have been disappointed that nothing came from the Island Garden Fault or at least there was no news that even the company drilled this fault. Despite this, it appears that most of the gold zones remain open which is positive. Looking forward to the new resource and the PEA, could be interesting.
Detour Que property immediately south of the Wallbridge high grade gold is also geological very interesting even if they only have 50% ownership. Q1 drilling could light up this area.
Happy holidays to all, keep safe.
mh