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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 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 a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers 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
Post by coorsmanon Apr 20, 2007 8:41am
396 Views
Post# 12644548

duded

duded"I agree with the statement regarding the fact that if you can buy at or below the PP level on any company it's a good bet." The only problem with that is when they reprice the PP downward. Those shares you bought at .34 look pretty expensive now. I told you they were pricey, mainly because you were using the flow-through shares at .35 as a basis to buy, but you forgot to consider that those shares were worth a lot less based on their tax-advantage. You said that you were going to continue to buy below .35, telling everyone how the share price just 'could not' drop from that level. I am wondering just how many shares did you buy as the share price fell? Of course now you claim that you're "getting back in" at these levels, implying that you weren't buying higher, and how this share price is such a great deal. So just what is the truth?
Bullboard Posts