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G2 Goldfields Inc T.GTWO

Alternate Symbol(s):  GUYGF

G2 Goldfields Inc. is a Canadian resource exploration company focused on the acquisition of multiple, but historically challenged, mineral exploration projects, each with the potential to identify and generate one or more significant gold projects for development. Its projects include Guiana Shield, Oko Aremu District and Puruni. The Guiana Shield contains the elements of orogenic gold, conglomerate-hosted gold, Transamazonian/Birimian green-stone terrane, making it favorable for exploration. The Oko-Aremu district and Puruni district properties contain two of the four past-producing historical mines in Guyana. The properties total approximately 37,068 acres and are in the Cuyuni-Mazaruni Region (Region 7) of north-central Guyana in the Guiana Shield. The Oko Project is divided into the Oko Main Zone in the north and the Ghanie Zone to the south. The Oko property is host to high grade orogenic gold mineralization within the Cuyuni Basin Sediments and the underlying Barama volcanics.


TSX:GTWO - Post by User

Bullboard Posts
Post by Intellectualon Apr 18, 2000 11:37pm
596 Views
Post# 1809750

What's the problem? This is great news!

What's the problem? This is great news!Why so much doom and gloom among some of you? The dividend suspension is exactly what 99% of us expected, and, undoubtedly, was the correct course of action by Laidlaw's management. Secondly, their financial woes are lightened considerably with the bank's willingness to negotiate terms. Given these encouraging developments, the pessimism on this board is unbelievable! I am a much happier shareholder today than I have been since the SK fiasco was first revealed. What is really astounding is the focus upon the dividend suspension, which some of the misguided shareholders believe to be an unexpected revelation with negative consequences - despite the fact that it is ultimately an exceedingly positive decision for all those invested in this company. Why focus on this aspect when the true revelation is the banks' willingness to compromise and support the efforts of the company? This is fabulous news! Are our senses so dulled by the recent plethora of negative press releases, that we are no longer able to identify positive developments? Relax, ladies and gentlemen. The proverbial tide has, at long last, turned in our favour. I am now certain of some solid upward momentum for the next little while, barring any surprises of course. Hold on to your shares, fellow investors. There's much more value in this company than a meagre $1.72 per share, especially when much of the uncertainty has finally been removed. Good night, and God bless. I
Bullboard Posts