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Golden Lake Exploration Inc C.GLM

Alternate Symbol(s):  GOLXF

Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Company’s Jewel Ridge property is located on the south end of Nevada’s prolific Battle Mountain-Eureka trend, along strike and contiguous with i-80 Gold’s Archimedes, Ruby Hill and FAD shaft gold deposits to the north, Timberline Resources advanced-stage Lookout Mountain project to the south and North Peak Resources Prospect Mountain Mine Complex to the west. It also holds the Cardinalli Portfolio, consisting of three patented mineral claims called the Sentinel, the Clipper and the Golden Rule, comprising approximately 23 acres. It also owns an early-stage property, the Copperview project, which is situated in south-central British Columbia. It holds the option to acquire a 100% undivided interest in the Conglin Creek Copper Property.


CSE:GLM - Post by User

Post by HHHAPPYon Apr 22, 2022 11:20am
266 Views
Post# 34623777

Normally I would caution investors to wait for the assays

Normally I would caution investors to wait for the assays of the latest drilling that "visually" are looking promising. I do suggest that but GLM is only priced based on disappointment that the first reported assay was a Bonanza but was not found as rich on subsequent results.  These results were not completely negative but not the rich find of number 1. I would think a share price in the .20s would be sustainable with the capital in the treasury for exploration but Markets are unpredictable, at least to me.
Sure hope the awaited assay is impressive
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