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 Eagle-Arcon Sep 07, 2011 11:00pm

364 Views

Post# 19020820

4 RE: AUGEN DRILL RESULTS!!!!

I just took my pencil and started to scratch some numbers down , here we go.

1,000,000 ozs right times(X) $2000.00 per oz. =$2,000,000,000 right. minus,

50% for expenses (extraction, mining ,trucking,milling, etc.) that is $1,000,000,000

I'm certain that amount is one BILLION cdn. dollars, minus say 160million for GLD. shares=.

  $ 840,000,000. You refer to that as being a little steep. Wow I'II take that kind of deal ok anyday.

   My pencil is working OK. isn't it. Just maybe GOLD bullion will be worth alot more in the near future

   then what? I'II probably need a longer pencil . See people what we have here, GLD shareholders.

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