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Lincoln Gold Mining Inc V.LMG

Alternate Symbol(s):  LNCLF

Lincoln Gold Mining Inc. is an advanced-stage gold mine exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties. It holds interests in the Pine Grove gold property, a development-stage gold project, located in the United States. The Pine Grove project hosts two gold deposits: the Wilson deposit and the Wheeler deposit. The property is located approximately 20 miles south of Yerington, in the Pine Grove Hills, Lyon County, Nevada. The Company operates within two geographic areas - United States of America and Canada. It controls 100% mineral interest in claims covering nearly seven square miles. The Company holds a mining lease on the Wheeler mine (4 patented claims) and 243 unpatented claims (lode, placer and millsite) that surround the Wilson patented claims.


TSXV:LMG - Post by User

Bullboard Posts
Post by bohneron Mar 25, 2011 3:21pm
308 Views
Post# 18342162

Only A Matter Of Time

Only A Matter Of TimeBased on the pine grove property only and giving it a valuation of 112 dollars for each ounze contained 177,000 and not inferred 115,000 you get to the current market cap. Now add the oro cruz property and la buffa, you really start to understand how undervalued this company really is.
Bullboard Posts