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Gold79 Mines Ltd V.AUU

Alternate Symbol(s):  AUSVF

Gold79 Mines Ltd. is a Canada-based exploration stage junior mining company. The Company is focused on building ounces in the Southwest United States (U.S.). It is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. The Company’s gold projects include the Jefferson Canyon Gold project and the Tip Top Gold project, both located in Nevada, U.S., and the Gold Chain project located in Arizona, U.S. In addition, the Company holds approximately 32.3% interest in the Greyhound Project, Nunavut, Canada under a joint venture by Agnico Eagle Mines Limited. The Tip Top Gold project is located in Esmeralda County, Nevada at the north end of the White Mountains, five miles south of Montgomery Pass, which is on United States Highway 6 between Bishop, California, and Tonopah, Nevada. The Gold Chain project consists of 15 patented claims, covering approximately 282 acres and 379 lode claims on BLM land comprising about 7,480 acres (3,027 Ha).


TSXV:AUU - Post by User

Bullboard Posts
Comment by hulio300on Jan 26, 2010 11:36am
486 Views
Post# 16719470

RE: RE: jacqdan and rallydriver

RE: RE: jacqdan and rallydriverThe indications are the drill results. They are without a doubt bonanza grades. This si the most important thing. The only thing we were really lacking was promotion. This will change once the PP is filled. Everyone is concentrating on the fact that the PP is at .17 instead of .25. What they're missing is that AUU is raising $1,500,000, instead of $1,000,000. Ceo in last news release said that we will be drilling this as aggressively as possible. Read between the lines. They know that they have the ore and they did whatever they could to raise the cash to drill and prove it up. Share price right now is irrelavent. The float is so small, that if you and jacqdan were selling these last couple of weeks, you could have brought it down all by yourselves. As I've said before, I'm not worried about the short term share price. It can easily be influenced. If I began selling my shares and I own almost 1% of the outstanding shares, I could probably bring the shareprice down to .10. What would that mean? Only that I will miss out on an excellent long term play.  I am not trying to convince anyone of anything, just giving my humble opinion on what I think has huge potential in 2010. Good Luck. hulio
Bullboard Posts