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GoldON Resources Ltd V.GLD

Alternate Symbol(s):  NCMBF

Metals & Mining Gold
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

GoldON Resources Ltd
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Post by Time4TAon Aug 16, 2011 7:47am
396 Views
Post# 18946194

TRR Very Large Deposit to be Uncovered 8M +

TRR Very Large Deposit to be Uncovered 8M +

8/15/2011 4:49:24 PM | Stockhouse Editorial Staff
829 Reads | 2 Comments

Today's top poster, Bullboard, and Blog

Top Bullboards post:
“TRR is a sure fire takeover target itself…it has 4.2 million ounces (cut; meaning really it has more) at Cote Lake + 0.5 million ounces at Chester that have been estimated in the inferred category by a reputable engineering firm. The cote Lake inferred estimate is now out of date. TRR has extended the deposit at least 40% more at similar grades and the deposit is open. Geophysics suggests quite a bit more to go. Jennings estimates 8 million ounces…quite possibly it will turn out to be more. This is a large deposit that will TRR's share price rise. Think of Detour Gold or Osisko. As regards, GLD, TRR has suggested it will increase its offer. It needs to. Right now no GLD shareholder will tender except for the locked up shareholders. GLD shareholder's quite frankly can get more by selling into the market (TRR's offer is worth 29 cents versus 38-39 in the market). TRR needs news to boost its share price, and I'm thinking exploration news is just around the corner, as well as increase its offer. Maybe throw in some cash to avoid dilution of TRR's shareholder's.” From letsgetready on the TrelawneyMining and Exploration (TSX: V.TRR, Stock Forum) board.



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