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Grande Portage Resources Ltd. V.GPG

Alternate Symbol(s):  GPTRF

Grande Portage Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the Herbert gold discovery situated approximately 25 kilometers (km) north of Juneau, Alaska. The Company holds a 100% interest in the Herbert property. The Herbert Gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins. The Herbert Gold project is an exploration stage, partially drill-tested, high-grade, gold mineralized mesothermal quartz vein system in the historic Juneau Gold Belt of southeast Alaska. The project lies prominently within the 160 km long Juneau Gold Belt, which has produced over seven million ounces of gold. The project consists of 91 unpatented mining claims, located 25 km north of Juneau and to the south of Couer Alaska's profitable Kensington gold mine.


TSXV:GPG - Post by User

Post by tarsandson Jul 28, 2020 2:14pm
76 Views
Post# 31332247

Ya 5 big boulder holders

Ya 5 big boulder holders
With at least he says with 5 million shares each and managment he says has approx. 15 million shares.

He says that the company has about 19 million warrants that are all in the money and if exercised they would bring into the kitty approx. $5 million dollars.

A mesothermal vein system:

Veins within the structure. (prominent veins) visible on the surface for around a kilometre in length.

Mesothermal veining systems are known to go as deep as 3000 - 3500 ft from surface, Ian also says that they have only gone down about  250 metres or 800 FEET.

Recent addition of Eric (his sign of approval ) is great recognition !

Anyways what with sounds like he said that with those 5 big holders and managment holding about 40+ million shares, I wonder if he counted Eric"s shares?

Not much of a float of shares left too trade then for small retail!
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