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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 laroplexon May 29, 2011 9:55am
418 Views
Post# 18640942

RE:Strategy...

RE:Strategy...Myself and many others here do understand that sometime we must change direction in our Business plan...... BUT....digger144 after digesting your post concerning your exit from LSG and re-loading your position with TRR.....I do wonder if you would have made a much better judgement call if you would have loaded on GLD rather than TRR......You see a double for TRR, i see a MUCH MUCH higher percentage gain with GLD in the near future....Since Mason is still holding all the cards right now with their 100% owned 9 claims north of TRR big Cote Lake deposit, i would have figure he would not have started abandoning away from their Cote Lake property to let TRR or anyone else for that matter pick it up for a song and dance.....This will be the same mistake(imho) that WTM did with their huge land package with LSG.....If Mason could produced some promissing results on their Cote Lake property, this in turn would have given him better negotiation tactics with TRR or whoever......Cote Lake is the envy of many Juniors out there and all eyes are still on the Cote Lake deposit(as per the change in Strategy with TRR).....TRR is shying away from their Chester property to fully concentrate on the Cote Lake(this tells us everything)......Please don't get me wrong, i really don't know what is going on behind the scene with Mason or Gibson, but i sure hope it turns out to be our benefit also and not just TRR......GLTA
Bullboard Posts