GoldON Resources Ltd V.GLD

Alternate Symbol(s): NCMBF

Metals & Mining Gold

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

GoldON Resources Ltd

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Post by xdmmdx3on Sep 21, 2010 4:54pm

282 Views

Post# 17475954

Price of Gold...All time high

At the Federal Reserve stated that they were still in an accommodative stance, and that they still may start additional quantative easing, it caused the price of gold to spike after that news hit the market. Gold futures and the spot price hit around $1290/oz US.

You have to know this will be good for all gold explorers and especially if NCM can come out with something interesting. My bids are in, feel free to hit them, as more cash has come my way. I'm loving the share price here, a true buyers market!

Good luck to all,

x

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