Lincoln Gold Mining Inc V.LMG

Alternate Symbol(s): LNCLF

Metals & Mining Gold

Lincoln Gold Mining Inc. is an advanced-stage precious metals exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties. It holds interests in the Pine Grove gold property, a development-stage project, located in the United States. The Pine Grove project hosts two gold deposits: the Wilson deposit and the Wheeler deposit. The property is located approximately 21 miles south of the farming and mining town of Yerington in the Pine Grove Hills, Humboldt-Toiyabe National Forest, Lyon County, western Nevada. The Company operates within two geographic areas - United States of America and Canada. It controls 100% mineral interest in claims covering nearly 7.2 square miles (18.1 square kilometers). The Company holds a mining lease on the Wheeler mine (4 patented claims) and 243 unpatented claims (lode, placer and millsite) that surround the Wilson patented claims.

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Lincoln Gold Mining Inc

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Post by bohneron Mar 25, 2011 3:21pm

305 Views

Post# 18342162

Only A Matter Of Time

Based on the pine grove property only and giving it a valuation of 112 dollars for each ounze contained 177,000 and not inferred 115,000 you get to the current market cap. Now add the oro cruz property and la buffa, you really start to understand how undervalued this company really is.

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