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Liberty Gold Corp T.LGD

Alternate Symbol(s):  LGDTF

Liberty Gold Corp. is an exploration and development stage company. The Company is focused on exploring for and developing open-pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. Black Pine is an open-pit, oxide gold, run-of-mine (ROM) heap leach gold mine located in southeastern Cassia County, Idaho. The property covers a total area of over 15,369 acres/6,220 hectares (ha). The Goldstrike is an oxidized, Carlin-style, sedimentary rock-hosted gold system located in Washington County, southwest Utah (50 km northwest of the city of St. George). The Goldstrike consists of over 749 owned unpatented claims (lode and placer), 99 leased unpatented claims, 633 acres of leased patented claims, 160 acres of leased private land, and 926 acres of leased state land, covering a total of 7,194 ha. Its 9,065 ha TV Tower gold-silver-copper property is located in northwestern Turkiye.


TSX:LGD - Post by User

Bullboard Posts
Comment by cheechwuzupon Aug 11, 2008 6:36pm
266 Views
Post# 15375008

RE: Discount

RE: DiscountIt's to do with capital gains tax if Pelangio were to sell their 20 million shares of Detour... the market says they trade at a discount cause they'd be taxed 25%ish. The split will whipe out the discount and get value for Ghana. They are apparently waiting for the advanced tax ruling from the CRA on this. Once they get the approval of the no tax on the gains then we're off to the races. Actually the 19 million block will get scooped up immediately by a major.  We're getting free shares for Ghana and the discount will be gone.

Bullboard Posts