CEO Blaine Monaghan can look back at a very interesting stock chart since he was appointed CEO of Pacific Ridge Exploration (PEX.V) at the beginning of 2021. Starting at $0.05, the share price reached a high of 58 cents before recently settling down in the 30-40 cent range. This rapid appreciation enabled the company to raise in excess of C$7M to fund its aggressive 2022 exploration plans.

While most investors are likely interested in Pacific Ridge Exploration for its flagship Kliyul copper-gold project, CEO Monaghan is on a mission to pick up “forgotten” copper-gold exploration assets in the vicinity of Kliyul. This makes sense as the company’s goal is “to become British Columbia’s leading copper-gold exploration company”.

Pacific Ridge recently announced that it had entered into an agreement with Centerra Gold (CG.TO) to acquire up to a 75% interest in the Chuchi copper-gold project. With the acquisition of Chuchi, the company now owns or controls five copper-gold projects in British Columbia and provides us with a good reason to catch up with CEO Monaghan to learn more Pacific Ridge’s plans for the year.

CLICK HERE to read the article over at caesarsreport.com

Leave a Reply

Your email address will not be published. Required fields are marked *

Name *
Email *
Website