Pacific Ridge Exploration – A B.C. Focused Copper-Gold Exploration Company With A $6+ Million Exploration Budget This Year

May 10, 2022

Blaine Monaghan, President and CEO of Pacific Ridge Exploration (TSX.V:PEX – OTCQB:PEXZF) joins us to introduce the Company and the portfolio of projects in BC and Yukon.


We start with the overall corporate strategy that shifted a couple years ago towards copper-gold exploration in BC. We recap the 5 project portfolio and focus on the Kliyul Project (flagship Project), RDP, and newly acquired Churchi project. Kliyul will have the vast majority of work completely on it this year with a $5.3million budget.


A few other key corporate aspects are discussed including the Company’s Yukon projects and the strategy of spinning these off to another public vehicle.


If you would like any more information from Blaine or have questions on the Company please email us at or




Click here to visit the Pacific Ridge Exploration website and read over the Corporate Presentation.

    May 10, 2022 10:38 AM

    Biden was just on TV, he blames inflation on Covid and the war with Russia. There must be two monitors one on either side that he reads when speaking, that keeps his head moving back and forth so you don’t think he is reading from a teleprompter. LOL! DT

    May 10, 2022 10:02 PM

    One of the worst things that can happen to the weekly MAs when you are in a bull trend is when the 50 WMA crosses below the 100 WMA.

    At that point, I would say there at least an 80-90% probability that both the 50 WMA and 100 WMA will eventually both cross below the 200 WMA in due course. This typically means price will need to spend at least 1+ years below the 200 WMA before any uptrend can resume.

    It is possible for the 50 to cross below the 100 and yet both MAs remain above the 200 WMA (see Newmont between 2018 and 2019) but this is exceptionally rare. What typically happens in these rare cases is that price gets stuck in a consolidation until the 100 WMA, which will trend sideways, gets very close to the 200 WMA.

    Currently silver’s 50 WMA has crossed below the 100 WMA–a terrible sign generally, as noted above. Odds are extremely high that price will be spending a decent amount of time below the 200 WMA, as hard as that may seem to believe. At best, price will be stuck in a range as the 100 WMA goes sideways while the 200 WMA catches up–this could play out into the summer of 2023 by my estimation.

    Personally, I think silver’s 100 WMA is headed below the 200 WMA, which means we will likely be crashing well below the 200 WMA in time.

      May 10, 2022 10:16 PM

      Green, very astute observation. DOC.

        May 10, 2022 10:55 PM

        While I am not expecting it, I wouldn’t at all be shocked if silver re-tests either the 2016 low or maybe even the 2020 low. So sub-$15.

        I’m not going to speculate any more on price except to say that anyone who thinks silver is breaking $30 this year is delusional. The last year’s price action in silver has doomed it. I think the less conspiratorial view is that the 2020 price spike was just too high and too fast. That type of price spike in silver typically marks tops, not continuations.

        At best price will trend sideways in a range well into next year. Maybe the less painful option is for price to just crash to $15 or lower so that we can “get it over with.”

          May 10, 2022 10:20 PM

          Green, you should be shocked if silver retests those lows because the destruction to the big picture would be beyond your understanding. Short term traders can do just fine placing so much focus on a horizontal look at past prices/price supports but doing so will get you into trouble on the long term charts. In other words, price relationships to “angular” tools like speed lines and MAs, for example, are more important for accurately assessing the health of the a market ahead of the herd.

      May 10, 2022 10:21 PM

      Green, also, if we continue moving down for the rest of the month or close silver at these levels it’ll be the lowest close in about 11/2 years which will not bode well. However, right now the charts are not favoring a plunge but a grind down. I’m just waiting for these silver stocks to bottom.

      May 10, 2022 10:22 PM

      thanks for posting that Green

    May 10, 2022 10:34 PM

    GSR over 86 now. The measured move is around 105, but why not retest the 2020 high for giggles? Would form an epic cup/continuation pattern.

    GSR’s weekly MACD has just broken out and has plenty of room to run to the upside now.