Generic Gold Corp C.GGC

GGC

[chucker6]

bought some after seeing Starr Peak run up. results next week?

[lifegoeson]

Chucker,  I agree with you, Starr Peak is one of those great managed companies that look out for shareholders, higher financing keeping dilution to a minimum and thus allowing the capital structure to remain excellent with only about 31 M shares in the market. This in turn allows for considerable and rapid price appreciation. GGC is similar, they have about 64 M shares but this is after

[chucker6]

bought some more this morning. now holding GGC AMX STE.  starr peak trading like they hit something good. gold silver zinc copper. should know this week i think.

[chucker6]

looks like STE is for real. GGC is 1/3 its market cap with more land. bought another 4000 shares today. looks very cheap considering who our nieghbours are.

[lifegoeson]

Chucker, I agree, the results reported by STE can only help GGC. This seems to be like another mini area play developing. GGC hovered at $0.40 for months as speculators accumulated their positions, then moved up to the $0.60 range for a month with further consolidation, then yesterday broke out over $0.70 for a new all-time high. The drills are turning and they are fully financed with about $5 M

[chucker6]

VMS Deposits of the World | INN (investingnews.com) VMS deposits tend to occur clustered in districts. It is not unheard of to identify up to two dozen deposits in an area of a several tens of square kilometers. This makes known VMS districts good hunting grounds for new discoveries. Though it has not always been easy to pin-point all the deposits in a given location, improvements

[GoldenIdle]

I can see Generic going over $1 this week for 1 simple reason . Why would anyone sell ???  

[chucker6]

bought more today, trading at a 72% discount to Starr Peak.