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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

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).


TSXV:LORD - Post by User

Bullboard Posts
Comment by staolinon Jan 05, 2010 9:54pm
375 Views
Post# 16642506

RE: re:

RE: re:In early 07 when the first holes were drilled it spiked. The results from the shot in the dark holes were nothing special but they gave a direction.

In early 08 when all the money hole results were published the price started to tank. 700m of steady visual mineralization somehow sunk the price earlier than other moly explorers with much less spectacular results.

But both cases were timed along with general market extremes. In early 07 CBS and its peers were experiencing extreme upward movement. In early 08 Bard and its peers were all pushed down, only to crash big time by aug/sep. The movement, if you look at the charts, seems mostly independent from the results and more correlated to general market movement.

Who knows how it will be this time? Many of Bard's peers are going on good runs for no apparant reasons besides effective pumpers. We'll see how real results move a stock in this market as opposed to the promoters :)
Bullboard Posts