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Golden Arrow Resources Corp V.GRG

Alternate Symbol(s):  GARWF

Golden Arrow Resources Corporation is a mining exploration company. The Company is exploring the advanced San Pietro Cu-Au-Co project in Chile, and a portfolio that includes more than 180,000 hectares of prospective properties in Argentina. Its projects include Caballos, Don Bosco, Mogote, Potrerillos, Yanso, San Pietro and Rosales. The Caballos Copper-Gold Project is located in La Rioja province, in the Andean Cordillera, with elevations ranging from 4,000 m to 4,500 m above sea level. The Don Bosco Copper-Gold Project totals approximately 4,300 hectares of exploration licenses covering five distinct target areas in western La Rioja Province, Argentina. The Mogote project is located 350 kilometers (km) northwest of San Juan City, San Juan province, Argentina and adjoins the international border between Chile and Argentina. Its Rosales Project includes 3444 hectares of 100% held mineral claims. The Yanso gold project in eastern San Juan Province, Argentina.


TSXV:GRG - Post by User

Bullboard Posts
Post by Flowgoon Mar 17, 2016 10:25am
376 Views
Post# 24669281

Bought GRG

Bought GRGCame across Golden Arrow as a recommendation from Resource Maven - check out www.resourcemaven.ca as Gwen Preston has some great insight and knows the industry very well.  Don't know her, but Gwen, appreciate your thoughts and work.  I believe it was her thoughts on Gold Standard Resources (GSV-V) that led me to her.  GSV is another one to hold in my opinion, very large Carlin Nevada Gold play being proven up.  If you don't know about it, please look into it!

But back to GRG - what a play that seems to be expanding and growing here, and the political environment is moving in leaps and bounds IMO.  The Silver Standard JV and cost carry is sure interesting.  This market is not recognizing GRG's package yet....Silver will catch up to the gold price and now that the Fed malarky is out of sight for a bit, I see continued strength in the gold and silver price.  Thought it was very interesting that SSO purchased Claude Resources and is getting aggressive on expansion.  The investment from SSO is multi tiered with milestone payments that adds alot of value over the next year or so.  

The exploration upside at Chinchillas has been outlined in the 1 km "step out" to the south where very shallow minerals were hit while drilling the shallow water well.  A little luck on a big property never hurts.  All around, this is a very solid play, and at these prices and market cap, I only see a big upside over the next month or two with more drill results and activity ramping up.

Best of luck, and coversation welcome !
Bullboard Posts