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GoldON Resources Ltd V.GLD

Alternate Symbol(s):  NCMBF

GoldON Resources Ltd. is a Canada-based mineral exploration company, which is focused on discovery-stage properties. The Company is in the business of exploring its mineral exploration assets. Its projects include West Madsen, Slate Falls, Pipestone Bay, Pakwash North, McInnes Lake, McDonough and Hagarty Creek. The Pipestone Bay Property is located within the Red Lake Greenstone Belt (RLGB) approximately 32 kilometers (km) west of the town of Red Lake, the 1,015-hectare Pipestone Bay Property lies in an area of numerous significant gold occurrences, including two past producers and four developed prospects. The Hagarty Creek property comprises 17 mining claims covering 7,731 hectares. The property is approximately 46 kilometers (km) southeast of the town of Longlac in the municipality of Greenstone, Ontario. The McInnes Lake Property is located over 115 kilometers (km) north of the town of Red Lake. The West Madsen Property is located in the heart of the Red Lake Gold Camp.


TSXV:GLD - Post by User

Bullboard Posts
Comment by xdmmdx3on Apr 12, 2010 9:45pm
250 Views
Post# 16983952

RE: RE: RE: RE: RE: A word of caution...

RE: RE: RE: RE: RE: A word of caution...dart321:
"To these people posting that there will be a correction with this stock. Here are some facts almost 100% of the shares outstanding in this company have traded at 10 centsor more, 68.39% of the shares outstanding have traded at 11.5 cents or above. In most cases a correction occurs when a stock has had a run up with most of the stock outstanding still needing to be traded, this is not the case here. If we see the stock make a sharpe upward movement to say 25 cents we then would see a correction. If this stock keeps trading like it is, allowing all those that want to sell then I can see no correction in the cards. Remember quick run-ups cause corrections, slow and steady moves such as the one we see here has constant upward movement as long as the daily trading volumes stay strong."


Very well said and I agree.

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Bullboard Posts