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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and disseminated felsic volcanic breccia-hosted gold boulders all of which are open for expansion and further discovery. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line. Hemberget is located approximately six km north of the Knaften project within the broader Gold Line along with Knaften.


TSXV:GUG - Post by User

Bullboard Posts
Comment by jakepilsner69on Dec 05, 2007 9:29pm
216 Views
Post# 13922787

RE: need some advice

RE: need some advicePros - Great recent Kenville mine drill results, with lab assay results anticipated in the next few weeks.     
Diamond results from NWT expected over next couple of weeks.
Solid, dedicated management.
Good marketing going on behind the scenes.

Cons - pending lawsuit, however it is thought to be frivolous.
Results may not be as great as anticipated, however Kenville mine is for real.  

i'd say the risk reward is pretty good on this one.  Not much downside risk here.

Bullboard Posts