St James Gold Corp V.LORD

Alternate Symbol(s): LRDJF

Metals & Mining Gold

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 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 a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).

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St James Gold Corp

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Comment by stealth21on Mar 25, 2009 3:37pm

369 Views

Post# 15870402

RE: RE: REASON OF UNLOADING

I would have to say between 20-30m would make the deal. That comes out to 0.20-0.35$ per share. Bard has no debt, so this could be one way to do it. I know that the potential of bard is enormous, but sometimes economics take over logic.

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