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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 Jan 12, 2011 10:37am
254 Views
Post# 17959229

This company is very unique...

This company is very unique...for such a small market capitalization company.  It has very good properties in THREE different areas known for significant gold findings.  Contrary to dart and anyone else who says otherwise, it was the management that found and took these properties into the company.  I'm not saying I don't have some reservations about management, but then again, it is rare to find a great team.

Suffice to say they have been progressing at a good clip.

First the Carscallen property ring staked by Lake Shore Gold (LSG) and near Melkior (MKR) and other big finds in the area.  The property they have here has strikes running for miles through it from an E-W and NE-SW location.  Any mining map will show you that.

Next Pickle Lake, which we own property with a gold mine that used to sit nearby it, not to mention PKL drilling so close to our properties that we see what their PKL's drillers had for lunch.

Next their is the Chester Township stuff pressed up against Trelawney's finds (TRR).

One would have to be crazy to think we don't hae gold finds riddling these properties.  Imagine for one minute what would happen to this stock if not just one property hit something, but two or all three?

We'd be north of a dollar for sure.

It may be dreaming for now, but all that stands in the way of it being true is continued drilling, which NCM is in the process of doing right now.  One of these times drilling we will start finding dribs and drabs of gold, and then we will know we are on the right path and things will only get better from there.

Good luck to all,

x
Bullboard Posts