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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 9:53pm
261 Views
Post# 16983969

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

RE: RE: RE: A word of caution...rockport1:
"Today, about a month later, when the market cap exceeded $8 million (at 14.5 cents) with no change in fundamentals, the risk/reward ratio became unfavorable for my personal taste. On top of this, as I mentioned, the hype machine is in full force. I therefore decided to take my 45% profit and look for opportunities elsewhere or wait for the correction. I thought others might appreciate a heads up, hence my post."


Forgive me for only seeing the self-serving thoughts of your post.  Even you admit you are trading it, and now that you had a nice profit you are hoping for re-entry at a lower price, IF you can get it.  Well, maybe you will or won't.  One things for sure, you won't be buying my shares unless its trading much higher than it is now.

But as always you are entitled to your hopes and opinions.

Good luck in your other picks, because I don't think you'll get a re-entry price point that is to your liking...ie. around 9 cents, especially with all those shares already trading mostly at 11.5 cents or higher.  Who would sell at a loss a stock with this much potential?  They would have to be crazy.

All the best,

x
Bullboard Posts