Pacific Ridge Exploration (PEX)

[Ed Monton]

I thought the drop in PEX was an over reaction and I doubt it will go lower. Since it is a drill bit play it shouldn't be as affected by price of gold swings in my opinion.

I am speculating that they are going to prove up +1million ounces and if so it won't matter that I paid .17 instead of .14 since the stock will be much higher by that time.