Gatling Exploration Inc. GATGF

Metals & Mining Industrial Metals & Minerals

Gatling Exploration is a well-financed Canadian gold exploration company focused on advancing the Larder Project, located in the prolific Abitibi greenstone belt in Northern Ontario. The Larder property hosts three high-grade gold deposits along the Cadillac-Larder Lake Break, 35 km east of Kirkland Lake.

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Gatling Exploration Inc. > Gatling: Ready to surge (real soon!)

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Post by honkytonkgirl1on Nov 01, 2018 6:51am

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Post# 28906317

Gatling: Ready to surge (real soon!)

Incredible...

Here's a junior mining company trading below the radar at a ridiculously low level with a market cap almost equal to its cash position... Big thanks to Rrooze for bringing this to my attention (and Hhorseman for the initial messages and dd)

I have NEVER seen this before (and I have been around for a while)

Some other facts to consider:

* Assigning almost no value to Larder Lake

* A sizeable deposit of 1M oz Au.

* A 10,000 m drill campaign to commence this (!) quarter

* Belgium investor Maarten Verheyen acquired almost a million (!!) shares this past week

Absolutely love the following quote from Hhorseman:

"You are basically getting the whole sha-bang for free, or paying $1/ounce at these levels. Even the shittiest of gold projects, located in the shittiest of jurisdictions, with the shittiest of management teams, with the shittiest of backers and who are almost dead broke usually has a $10-$15/ounce (EV/Oz) price tag at least…"

This is a NO BRAINER like I have NEVER seen before......

Honkytonkgirl