Ann: RC Drilling Completed at Reynolds Range Gold-Copper Project, page-7

  1. 1,756 Posts.
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    I started buying ABU/PRX in 2015 when they were about to expand into Gold Production at Old Pirate. By the company statements it seemed like a no brainer to invest in the company however Old Pirate proved to be disaster with the gold extracted no where near the levels that were planned. I'm not sure whether the company/management deliberated lied to us shareholders or just had no idea about what they were doing. Did they have the experience to transition from an explorer to a miner. Anyhow the mine was closed and assets sold off and PRX emerged as an explorer again.

    I thought I was investing in an emerging Miner and have ended up being a shareholder in an explorer that hasn't really found much in the 6 years I've been following this company. There are shareholder that have been around a lot longer than me that have been through tougher times than me. PRX seem to be doing a good job at identifying good places to drill however if the gold isn't there it isn't there. I'm hanging in there for a miracle which I hope will come along soon.

    If you are expecting that a miracle will happen as soon as you have invested in PRX you probably do need to rethink your investment strategies. There is a lot more dirt out there and very little gold.
 
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