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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
Post by farmerlouon May 08, 2007 10:59am
353 Views
Post# 12743622

I''ve sold!

I''ve sold!Bought in recently for $.2 and have just sold for $.31. When the bashers get going at a time when a company has millions of $.11 options out, you know it's time to get out. There will be ample time to buy back later in the $.20 range as drilling is some time away. Clearly option holders and others who took part in private placements have just done a share distribtion to new investors, no doubt many shorting shares covered by their cheap options. When they drive the price down with their selling they will want to cover their shorts and keep their options for insurance in another round. Tis is how I see speculation on penny mining stocks. JMHO Farmerlou
Bullboard Posts

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