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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a mineral exploration company with base metal and gold permits in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften project which hosts a developing intrusion-hosted gold system, and VMS (zinc-copper) and copper-nickel targets. It also has Hemberget property to its Swedish property portfolio, a greenfield copper-nickel target. The Knaften project is situated at the south end of a regional structure known as the Gold Line or Knaften-Barsele Arc located within a prolific VMS region including the Skellefte Belt and VMS belts in Finland. The Lappvattnet and Rormyrberget nickel deposits are located in the eastern part of the Vasterbotten District, 60 kilometers (km) and 100 km respectively east of the Company’s Knaften gold exploration project. The Hemberget is located approximately six km north of Gungnir’s Knaften project within the broader Gold Line


TSXV:GUG - Post by User

Bullboard Posts
Comment by jakepilsner69on Dec 05, 2007 9:29pm
211 Views
Post# 13922787

RE: need some advice

RE: need some advicePros - Great recent Kenville mine drill results, with lab assay results anticipated in the next few weeks.     
Diamond results from NWT expected over next couple of weeks.
Solid, dedicated management.
Good marketing going on behind the scenes.

Cons - pending lawsuit, however it is thought to be frivolous.
Results may not be as great as anticipated, however Kenville mine is for real.  

i'd say the risk reward is pretty good on this one.  Not much downside risk here.

Bullboard Posts