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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is a Canada-based gold exploration and mining company. The Company is on focused the discovery and development of economic mineral deposits by acquiring prospective exploration projects. The Company holds 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project, and nine claims, covering a total of 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. The Grub Line property is located approximately 3.5 kilometers (km) west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Post by farmerlouon Mar 07, 2011 8:53am
471 Views
Post# 18243061

CBS is a silver stock too.

CBS is a silver stock too.
Silver is hot and Cbs seems to have lots.. The quartz Breccia zone drilling produced a 20 m core grading at 442.18 gms/ton of silver from hole 08-02,  approx. 176 m grading 19.gms//ton in hole 08-04 and 154 m grading 25 gms/ton in hole 08-03. Another hole,  08-05 produced 102 m in excess of 15 gms/tom of silver - these holes seem to have been spaced 50m apart. With the silver from the grab samples at Grouse mountain and from the areaa around at ( and in core from)  Hole 61, it seems like we should be marketing ourselves as a silver play. The 1% copper in the Grouse Mountain grab sample and throughout the drill holes thus far suggest that some positioning as a copper explorer might be considered. 

I think that Bard management should be opportunistic - if it is difficult to obtain favorable financing to direct drilling for moly, why not mount an effort to find near surface starter pits of hot metals like silver and arrange a financing based on a reorientation of the company to silver (or copper), at least until moly prices become more favourable. GLTA.

 Farmerlou
 

 
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