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Liberty Gold Corp T.LGD

Alternate Symbol(s):  LGDTF

Liberty Gold Corp is a Canada-based exploration and development stage business. The Company is engaged in the acquisition and exploration of mineral properties located primarily in the United States of America and Turkey. It is focused on exploring for and developing open pit oxide deposits in the Great Basin of the United States. The Company’s operations are in one segment, exploration for gold, copper and other precious and base metals. Its projects include Black Pine, Goldstrike and TV Tower. Black Pine is an open-pit, oxide gold, run-of-mine (ROM) heap leach gold mine located in southeastern Cassia County, Idaho. The property covers a total area of 14,299 acres/5,776 hectares (ha) and consists of 622 unpatented lode claims. The Goldstrike property is a Carlin-style, sedimentary rock-hosted (Carlin-style) gold property located in Washington County, southwest Utah (50 kilometers northwest of St. George). The TV Tower gold-silver-copper property is located in northwestern Turkey.


TSX:LGD - Post by User

Bullboard Posts
Comment by carinthianon Oct 05, 2015 2:21pm
193 Views
Post# 24164322

RE:RE:RE:Why is this stock lagging so much?

RE:RE:RE:Why is this stock lagging so much?Patience is required for sure as they need higher metal prices for their stuff in Turkey to justify a nice valuation when they sell it. Nevada could be nice if they are able to keep hitting paydirt.

Good thing is that they should have the money to survive another 12 month without the need to raise cash and as they are backed by O'Deas oxygen capital, Teck and Liberty I assume they will get the cash they need when they need it even though maybe one of them will not be able to pay...

Copper 3$ and Gold 1250$ and their 40$ in Halilaga could be worth around 180mio after tax with 7% discount rate which is around four times current market cap or so...

Just my personal thoughts. DYODD.
carinthian
Bullboard Posts