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What good is it to get more mining properties by this company ,when they are broke ,no income as there is no mining done .they dilute the shares to raise money to by more properties .It cost a lot of money to start mining .
Right now ,this company is run by a bunch of clueless people .
for now ,we will see again a reverse share split to get more money. THIS IS VERY STUPIT SITUATION AND BAD FOR US BAG HOLDERS .At the end this will go to a delisting and everyone loses. One thing is good that they are doing this year is no more stupid news releases like 2018 .
The last news rele3ase is a bad joke ,added no value to the shareholders .
Investors are dumping their shares and no new buyers .If present management cannot come up with any good news ,only lies ,we are kaput with this company .We need some good news or bk.
no news on the last news release issued in June 2018
Pistol Bay Closes First Tranche of Financing
Vancouver, B.C. – October 25, 2018: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company’) ”) is pleased to announce it has closed the first tranche of a non-brokered private placement financing (the “Private Placement”) for total gross proceeds of $425,000.
The Company has allotted and issued 8,500,000 units (the “Units”) at a price of $0.05 per Unit. Each Unit is comprised of one common share and one transferable warrant, with each warrant entitling the holder to purchase one additional common share of the Company for a period of up to eighteen months at a price of $0.08.
In addition, the Company has paid finder’s fees of a total of $2,000 and issued an aggregate 40,000 finder’s warrants (the “Finders Warrants”). Each Finders Warrant is exercisable into one common share for a period of up to twelve months at a price of $0.05.
The Company will use the proceeds of the Private Placement for general working capital purposes. All securities issued under the Private Placement are subject to a four-month and one-day hold period expiring on February 26, 2019.
About Pistol Bay Mining Inc.
THIS NEWS RELEASES DID NOTHING FOR THE SHARE PRICE .This stock is dead and no one is buying this shit as we where lied to .
The news release did nothing for the price of this stock PST .What is coming next ?
Pistol Bay Executes Drilling Contract
Vancouver, B.C. – March 12, 2018: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2, OTC/Pink Sheet symbol SLTFF) (“Pistol Bay” or the “Company’) is pleased to announce that the Company has signed a contract for a minimum of 3,000 metres of diamond drilling on its Confederation Lake property in northwestern Ontario. The property now covers an area of approximately 20,700 hectares or 51,000 acres.
Three drill holes of approximately 500 metres each are planned to further test the Arrow Zone, and to retrieve core for preliminary metallurgical testing. The Arrow Zone was the subject of a 43-101 report in 2017 that presented an inferred mineral resource of 2,100,000 tonnes grading 5.78% zinc, 0.72% copper, 0.60 grams per tonne (g/t) gold and 19.5 g/t silver.
Approximately ten diamond drill holes totaling about 2,000 metres will test the Fredart “A” zone (also referred to as the Copperlode “A” zone). Some of the better drill intercepts from diamond drilling in the 1960s reported by Rexdale Mines Ltd include:
Hole No.
From (m)
To (m)
Core Length
Cu %
Ag g/t
FA-1965-06
54.25
77.11
22.86
1.03
16.39
Includes
54.25
60.66
6.40
1.44
32.70
and
66.75
77.11
10.36
1.18
15.96
FA-1965-07
21.95
58.52
36.57
0.68
18.16
includes
21.95
24.99
3.05
1.56
55.55
and
52.73
58.52
5.79
3.24
85.46
FA-1966-11
73.43
80.04
6.61
3.37
159.52
FA-1966-15
46.63
64.16
17.53
2.54
45.72
FA-1966-18
31.09
77.30
46.21
1.18
51.11
Includes
34.08
51.51
17.43
1.89
51.11
and
64.22
77.30
13.08
1.47
51.72
FA-1966-31
64.77
69.01
4.24
3.39
101.89
The drill intersections listed above do not include any gold values, because only the first four drill holes in 1965 were assayed for gold; they gave gold values of 0.3 to 0.6 grams per tonne. Gold was not an important commodity in those years. The mineralization in the Fredart Zone appears to be of VMS type. Copper-rich VMS deposits often have accessory gold with occasional higher values. Pistol Bay will assay all mineralized intersections for gold as well as copper and silver.
A historical resource estimate made in 1971 for the Fredart “A” zone, based on diamond drilling in the 1960s, was 386,000 tonnes grading 1.56% copper and 33.6 g/t silver, or alternatively 219,500 tonnes at 1.95% copper and 41.8 g/t silver. Neither of these estimates conforms to any class of mineral resource or mineral reserve defined by the 2014 CIM Definition Standards for Mineral Resources and Mineral Reserves.
The technical information in this news release was prepared and/or reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in National Instrument 43-101.
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The company has also created a subsidiary for resource driven blockchain applications. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
"Charles Desjardins"
Charles Desjardins,
President and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
PISTOL BAY MINING ANNOUNCES LEI NUMBER
December 22, 2017: Pistol Bay Mining Inc. (TSX-V - PST; Frankfurt - OQS2) (“Pistol Bay” or the “Company’) is pleased to announce that it has been assigned the Legal Entity Identifier (“LEI”) number 5299009H8LVJKFT8ZN10. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.
About the Legal Entity Identifier (LEI)
The Legal Entity Identifier (LEI) number is a 20-digit alphanumeric code. It is an internationally standardized and globally valid identifier for financial market participants. Its purpose is to clearly and unequivocally identify contracting parties (e.g., companies, banks, and investment funds). It is used to comply with a variety of financial reporting requirements. The Deutsche Borse Group has stated that “the LEI will clearly assist the regulatory authorities in monitoring and analysing threats to the stability of the financial markets, (but) it can also be utilised by counterparties internally for risk management purposes.”
Pistol Bay meets the requirement for all companies listed on German Stock Exchanges (ie. Frankfurt Stock Exchange) to have an LEI number by January 3, 2018.
According to the website of the Deutsche B?rse Group, the LEI number will affect most aspects of the securities markets in Europe, including trading, clearing, settlement, custody, collateral and liquidity management, market data and indices. (See http://deutsche-boerse.com/dbg-en/regulation/regulatorytopics/legal-entity-identifier)
About Pistol Bay Mining Inc.
Pistol Bay Mining Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. For additional information please visit the Company website at www.pistolbaymininginc.com or contact Charles Desjardins at pistolbaymining@gmail.com.
On Behalf of the Board of Directors
PISTOL BAY MINING INC.
"Charles Desjardins"
Charles Desjardins,
President and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
When can we take a tax loss on this loser stock ?Why is this stock not being delisted ?
Why is this stock not been relisted ?I would like have my tax loss on this crap .
What makes you think that I want to dump my shares cheap ? I will hold unto my millions of shares to the bitter end .I know that something is cooking with this company .THE market makers will not let you buy the shares cheap to the average share holders .I will dump my shares at above .10 or better. IF it is not this year or maybe next year something will happen .
This is a nothing happening for our stock. What is wrong with this new management?
market makers keep lowing this stock
This stock is going no where
Did any one call the company ?
Will we see any movement on this company soon?IT is dead for now
So far nothing is going on with this company. It is dead for a long time.
Is this company dead ?
How many shares will you sell,I will buy them from you.I want 10,000,000 shares it you have them????I do not want shares under 100,0000 or less.
Is there any future for this company,as management is sleeping for a long time.
You correct ,this was a scam and millions lost by the shareholders.I hope that Swift will lose all the money in 2012.
Nobody believes in this crook along with Burk.
Swift and Burg gave the shareholders nothing and will do it again for personal gain.Does anyone trust him?
Did management give up on this company?Any chance for a come back?
Was Beacon Dev short traded? Manybe the brokers are having a difficult time getting your shares.The short taders did not expect
a reverse split to cover the shares they do not have.
what do you mean ?
I not understand why Dr Pandy never sued Swift for taking over the company and false rummers that the Dr was a crook.My gut feeling is that it was all planned by the insiders to screw the investors.
Looks like the end of the line.
I would like to know how much Swift paid for the XKEM leftovers?
He did issue phoney invoices for consulting fees to XKEM.
How much did Swift pay at the auction and how much did he claim for the phoney consulting fees to XKEM?
Swift got xkem for nothing and gas takrn the shareholders to the cleaners.I don't understand why Swift has done to us and getting rid of Dr Pandy's company for the drug that helped people in NIGERIA.How is it not imposible for Dr Pandy to issue a lawsuite against Swift and Burk for destroying his own company and screwing the shareholders?
This must be a good day for Swift killing off this company for personal greed.He could not have any feelings for people that needed the drug or the shareholders.
Why would people dump their shares?Do you know something that we don't know?When there is a dump the share value is down ,we all lose.There is a new management in place and give this team a chance to prove to us that we have some value in this company.
Who is still in charge of XKEMQ ?
The crooks won,we lost.Swift and Burk are happy.
I wander If we are being scamed like other penny stocks.This company has put out false prs. and is dead at this time.
Who has our 3,000,000 shares of TSN ?
WOW,you are our hero,saving us from our mistakes.You are like the guy holding a bible in the hand saving us from our sins.We know that most penny stocks are scams.This a lotto play.
nothing going on for this company
More lies coming from our company leader