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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

Comment by GenHandgrenadeon Dec 07, 2020 12:45pm
135 Views
Post# 32050034

RE:stock price - thoughts

RE:stock price - thoughts Wow Gold_Strike alot of fairly long posts the last few days. You are right if someone would have bought in 2007 and held till now they would have lost their shirt. But I don't know anyone who plays these stocks who does it this way. Most people who play these stcoks are buying and selling them on the swings averaging down when they are low selling when they are high. Yes LORD has a good property with several zones of minerlization on it. I believe that the deal on Lone Pine/Alaskite announced in 2018 with Ning Wu and his Chinese buddies is still in play here and I think they are just waiting for a thaw in Chinese/Canada relations to get it going again. Which for me explains the lack of mention about Lone Pine in LORD's future plans. It's up to Ning Wu who had committed to putting in millions to further drill Lone Pine and Alaskite etc zone and up date the PEA to hopefull a bankable feasibility study. When/if he does there will be news. Right now just speculation. In the mean time LORD is seeking other opportunities. As for the stock price I expect it to at minimum go back to the level it was when the Huawei executive was arrested and go up from there with drilling news. Then again it may not for those who averaged down during the recent low this jump in sp is a welcome break.   
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