GREY:RNSFF - Post by User
Post by
harry22on Oct 04, 2007 12:06pm
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Post# 13521406
Gold discovered:
Gold discovered:Gold is Gold:
EFG, $0.25, First Gold Exploration Inc. (TSX VENTURE: EFG)
"The objective of the company is to increase the + 200,000 oz gold resource defined down to the 200 meter level (see 43-101 Report on Sedar)." (See the NR of Sep 5, 2007).
They've already found 200,000 + oz gold diposits in its property.
It was just listed on Feb 22, 2007 with S/O: 10 million shares.
Shares issued and outstanding are so low (merely 12 million) and the public float is even lower: 6.3 million shares.
The current market cap. is just $3 million.
From its previous NR's, the company has found some gold assays and is currently drilling 4 more holes aggressively.
It might pop up Big soon with the tiny S/O and float.
Get in early while it's still low.
jmho.