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Grande Portage Resources Ltd. V.GPG

Alternate Symbol(s):  GPTRF

Grande Portage Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the Herbert gold discovery situated approximately 25 kilometers (km) north of Juneau, Alaska. The Company holds a 100% interest in the Herbert property. The Herbert Gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins. The Herbert Gold project is an exploration stage, partially drill-tested, high-grade, gold mineralized mesothermal quartz vein system in the historic Juneau Gold Belt of southeast Alaska. The project lies prominently within the 160 km long Juneau Gold Belt, which has produced over seven million ounces of gold. The project consists of 91 unpatented mining claims, located 25 km north of Juneau and to the south of Couer Alaska's profitable Kensington gold mine. The property covers six parallel vein structures exposed at the surface.


TSXV:GPG - Post by User

Post by Badger7on Oct 04, 2007 1:48pm
217 Views
Post# 13522455

By time GPG expands Gold= $1000 or $35/g

By time GPG expands Gold= $1000 or $35/gand then or $50 rock credits move to $70 rock credits and Fe Iron ore is supposed to move to $66/ton from $51/ton this year cobalt is moving to well above $31 next year and Ag silver at $13/ounce could move to anywhere from $18-$45 over the next few years depending on who you follow our 43-101 in the pit is $80 rock becomes at least $100 rock inside of 3 years and by that time we will have expanded the resource perhaps x2 or x3 in which case at the worst (factoring in 65% recovery collar) we have a $50M resource as the downside and the upside from inflation alone becomes $100m and then we have EXPANSION TO LOOK FORWARD TO I'm in for another 3 yrs
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