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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
Comment by Yeswecanon Aug 28, 2011 2:10pm
268 Views
Post# 18987458

RE: RE: Harjay - lesson time for those who want to

RE: RE: Harjay - lesson time for those who want to Harjay, such passion and zeal. Too bad it is after the fact nd a little misguided.Rest assured, Yeswecan will not get agitated no matter how this plays out. I am a long term TRR shareholder who is up over 300% and I am a short term GLD shareholder who is momentarily under water on GLD. I haven't tendered yet because, there is no urgent need to do so imo. The only reason for an early tendering is if there was fear that the deal would fail. As that is not the case, it is safe to stand pat at this time imo. In fact, GLD would incur a break-up fee if the deal was to be cancelled by GLD.Worst case scenario, as I see it, is my GLD shares become TRR shares and gain 30% by Christmas time, imo. If by any very remote reason TRR is compelled to sweeten the deal again, then so be it. Because TRR holds a great number of GLD shares, and because they are paying with a share only offering, they could have paid more without adverse consequence imo. But as i am not on the Board of Directors and do not have all the information that they were privy to, I am comfortable to go on good faith and trust their professional judgment. I recognize that this must have been a difficult situation for Mason, and he has my respect for his passion and conviction.I am an investor, and not married to any stocks. Gold bullion is way up and I expect that next week will offer some great trading and bountiful profits.For those with grief and attitude, get some counseling, or take some courses in investing. Seriously, do some of you want a refund when your Lotto Max ticket comes back and reads "not a winner"?
Bullboard Posts