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Gold79 Mines Ltd V.AUU

Alternate Symbol(s):  AUSVF

Gold79 Mines Ltd. is a Canada-based exploration stage junior mining company. The Company is focused on building ounces in the Southwest United States (U.S.). It is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. The Company’s gold projects include the Jefferson Canyon Gold project and the Tip Top Gold project, both located in Nevada, U.S., and the Gold Chain project located in Arizona, U.S. In addition, the Company holds approximately 32.3% interest in the Greyhound Project, Nunavut, Canada under a joint venture by Agnico Eagle Mines Limited. The Tip Top Gold project is located in Esmeralda County, Nevada at the north end of the White Mountains, five miles south of Montgomery Pass, which is on United States Highway 6 between Bishop, California, and Tonopah, Nevada. The Gold Chain project consists of 15 patented claims, covering approximately 282 acres and 379 lode claims on BLM land comprising about 7,480 acres (3,027 Ha).


TSXV:AUU - Post by User

Bullboard Posts
Post by jdeeron Feb 24, 2011 12:23am
279 Views
Post# 18185164

FYI... posting on a few companies-boards i follow

FYI... posting on a few companies-boards i follow...and am positioned in
WELL WORTH A READ - for what's coming in the next few months/years.. betcha by late '12, if not sooner (all thing's "globally" considered)

Here's a link... and a little extra, to whom it may concern

https://www.munknee.com/2011/02/goldrunner-fractal-analysis-suggests-silver-to-reach-52-56-by-may-june-2011/


Taking a look-back into the 70's... "an excerp..:"

~ "...In 1975 most gold and silver stocks were trading atunder $2 and a lot were penny stocks under
.50."

~ "It was not until gold retraced its first big sell-offand got back above $200 did the gold and silver stocks started there historic bull market that would end at un-imaginable prices.

Some examples were: LionMines - 1975 price
.07
/ 1980 price $380! -- YES that's right, it'snot a misprint you could of bought 10,000 shares of lion mines in 1975for around $700 dollars - and if you held on for the whole 5 years untilJanuary 1980 you could have netted a total profit of around $3,799,300.Not bad hey!!!!! A few others were Bankeno - 1975 price $1.25 / 1980price $430. Wharf Resources - 1975 price
.40 / 1980 price $560
.Steep Rock - 1975 price $.93 / 1980 price $440, Mineral Resources - 1975price $.60 / 1980 price $415 . Azure Resources - 1975 price
.05 /1980 price $109

No question about it…that was one of the biggestfinancial opportunities in history.The similarities between the 1970s andtoday are uncanny!!"

To sum-up the above...

~ ...it's hard for most people to thinkthat gold and silver will surpass their old January 1980 highs, but thatis what a 20+ year generational bear market will do to a whole newgeneration of investors, who have grown up with falling real assets(gold, silver and commodities) and rising paper assets (stocks andbonds).When the tide of human emotion swings and paper assets reallystart to fall hard, the lust and fervor for real assets will beunbelievable. The Dot Com bubble will look like small potatoes comparedto some of the up coming gains in the first gold and silver bull marketof the 21st century. But unlike the dot com bubble that was based oneasy financing, unrealistic dreams of profits aggressive accounting andpure greed, the coming explosion in gold and silver stocks will be allabout supply and demand and a object FEAR to protect one'ssavings from paper destruction combined with GREED to get in on asure thing. There is nothing that can stand in the way of a combinationof GREED and FEAR.

...imho, truly, there has NEVER, in the last 30yrs, been a better time to own GOLD, SILVER and stocks related. Hence, my position in THIS company, AMONG OTHERS IN MY PORTFOLIO!

see ya'll at the top ; )
Deer

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