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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is a Canada-based gold exploration and mining company. The Company is on focused the discovery and development of economic mineral deposits by acquiring prospective exploration projects. The Company holds 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project, and nine claims, covering a total of 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. The Grub Line property is located approximately 3.5 kilometers (km) west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Comment by prospector24on Jul 18, 2012 6:26pm
182 Views
Post# 20128496

RE: RE: RE: RE: birdman

RE: RE: RE: RE: birdman

Sure I would like more work on it.  A  newly discovered 1.5 km long IF with gold noted in several areas - some high grade.  Never been trenched or drilled.  Any other junior would have had people on the ground the next day stripping or drilling it off.  Bard has no cash.  I want someone with the resources to develop it.  Whether it's Bard and a JV partner or an outright sell to a company that's going to work the property - that's what I'm interested in.

People have battered down the GTA share price.  That's the market - if they don't get great they brutalize it. and the market didn't feel it got 'great' results.  In my opinion, they (GTA) are building ounces.  Mining people know that and are still in this play and more coming into it.  GTA is going to spend another $3M on it and provide an updated resource in the new year.  I'm more than willing to watch this play grow.  I invest in property, not stocks, so I'm not that interested in the price of a company's shares if I can see the resource that's being developed.  Regardless of how the company's share price is doing, that's where I want to have ground.  This area (Little Bear and surrounding area) has all the earmarks of a nice place to be doing work.  Good geology, lots and lots of gold showings, and a company nearby drilling off what I believe will be a sizeable resource.

Bullboard Posts