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Bullboard - Stock Discussion Forum New Placer Dome Gold Corp. NPDCF

Barrian Mining Corp is a new junior exploration company focused on acquiring proven gold assets in the United States. Barrian is composed of successful public market entrepreneurs whose goal is to create value for shareholders through the drill bit. Barrian has entered an earn-in agreement to acquire a 75% interest in the proven and highly prospective Carlin-type Bolo asset located 90km... see more

OTCQB:NPDCF - Post Discussion

New Placer Dome Gold Corp. > Not Too Shabby...
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Post by wreakhavok on Sep 16, 2020 5:07pm

Not Too Shabby...

Funny... I thought that was a great intercept of mineralization...adding 40 more meters in depth, making it a total of 160 meters gold and silver intercepts.

That is a wicked chart and I feel it should have gone up 10% instead of retracing.  So I was picking more up at .55 &.56.  I'm not sure why they felt they had to halt the stock, but the company was probably surprised at the sell-off. This is early stages of a the drill program!

Also, I don't know why Nevada Sunrise moved down today, as they are in the joint venture with NGLD at Kinsley.  Maybe they got wind of poor drill results on the latest holes.  I was loading up on NEV as well.

It feels like gold is just waiting for an excuse to go up, and there are a lot of potential problems coming up in the next 2 months...hangin' in there like a monkey on a tree...
Comment by Chooah on Sep 16, 2020 9:24pm
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Comment by winr88 on Sep 17, 2020 1:16pm
160 meters is an excellent length. The problen is 1 gram gold per ton is not enough to warrant a mine. 5 grams or more is isually enough. What does excite me about this is the length of the strike and the possibility for grades to improve. At 160 meters a major miner would be all over a deposit with say 5 to 10 grams per ton and 160 meter length.
Comment by wreakhavok on Sep 18, 2020 11:36am
The company lost 1/3 of its value based on the supposed weakness of a drill hole...is that all that's going on?  And this on relatively light volume.  The goal obviously would be to develop an open pit mine.   By adding to the original hole another 40 meters would make it longer in depth than a football field.  So far 8 holes have been drilled...all fairly shallow ...more  
Comment by chriszhou on Sep 18, 2020 3:49pm
when the market drops, there must be reason(s) why the market doesn't like it ?
Comment by Chooah on Sep 18, 2020 7:59pm
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