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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 Aug 21, 2020 3:33pm
122 Views
Post# 31439902

Goldman888

Goldman888MOZ has a market cap of $483 million for 4.2 million (43-101) resources and good grade for a pit resource. ($4.83/4.2 = $115 per oz)

So 7 million ounces would be $115 x 7,000,000 ozs = $805 million market cap

Well its $775 million , so ya 6 - 7 million ozs.

They would get higher then $115 like MOZ is getting valued at because of grade!

Maybe they would get $150????per oz.

But thing is its all a guessing game unless you have all the data and a super computer tied too an algo trading platform! LOL> Bet the banksters  have that all tied up!
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