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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 beachmanon Mar 01, 2011 12:58pm
230 Views
Post# 18212794

Too much promotion here

Too much promotion hereI will not buy shares in this stock with it's hectares of worthless moose pasture before I see drill results indicating a substantial resource.   There is no fault splay.  There is no river of gold.  There is no northerly trend to Cote Lake mineralization.

Drill results  have not been delivered as expected which should tell any normal thinking person that drilling has failed to find the exension of Cote Lke mineralization on GLD ground.  That is a reality you must accept.  Now sit back and watch them burn cash on long shot drill targets.

Bullboard Posts