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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
Post by xdmmdx3on Apr 20, 2010 3:38pm
383 Views
Post# 17012176

I'm very pleased...CONSOLIDATION!

I'm very pleased...CONSOLIDATION!

It's clear that what I've been saying for weeks and even months is true.  Everytime this stock wants to propel itself upwards, it gets held back and consolidates!  This is excellent for anyone who is a long term holder, as it washes out all those weak hands you accumulate as you go upwards.  Some of the penny flippers have come and gone.  Others have flipped in at 8.5 or so then got out at 12 and were back in at say 16 and flipped out at 20.  I'm happy for them, but even happier for myself, because I know all this silly trading is just noise.

Eventually you guys will realize that NCM has significant holdings and a management team that doesn't sit back and do nothing.  It's this energy from the CEO that has caused all these good things to happen to the company.  Hard work and dedication pays off.

I will continue to hold and accumulate wealth here until I see the CEO stops doing his job.  For six months on the job you have to commend him.  Great properties, and quick to do something with them.  If he hits gold or something first out the gate who knows where this stock will go, but I promise you it will be up!

Good luck to all,

x

P.S. - I'm pleased that the stock is down and hopefully will close below yesterday's close.  This should cool off the momentum investors that cause irratic stock movements.  I prefer slow and steady wins the race.

Bullboard Posts