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Golden Band Resources Inc GBRIF

Metals & Mining Gold
Golden Band Resources Inc. is a Canada-based gold producer engaged in exploration, mine development and extraction of gold ores from its properties in the La Ronge Gold Belt in northern Saskatchewan and processing at its Jolu mill. It has assembled a land package in excess of 870 square kilometers (km2) that includes thirteen known gold deposits and four former producing mines, which were Star Lake, Decade, Komis and Jolu. The Company is mining at three deposits to feed the mill. These are Roy Lloyd, Greywacke and Golden Heart. Roy Lloyd mine is an underground mine extracting ore from the Bingo deposit. Golden Heart is located approximately nine kilometers east of the Komis mine and is accessible through a 17-kilometer mine road connecting to Highway 102 just north of Brabant Lake.


GREY:GBRIF - Post by User

Golden Band Resources Inc
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Comment by longtoothon Dec 16, 2011 12:06pm
212 Views
Post# 19329077

RE: RE: RE: RE: RE: RE: RE: RE: RE: $9M financing

RE: RE: RE: RE: RE: RE: RE: RE: RE: $9M financingI have heard of Sprott and am very well aware of the reputation. Consider this, what would happen if they cannot pay back the loan this time - Sprott will get the asset for pennies on the dollar.

my other statment is not rediculous but makes sense. I am no saying it will happen, but it is a way out of the current bad situation this company is facing.

But hey, go buy some more shares if you think otherwise, it is a free country still.
Bullboard Posts
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