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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 Jan 17, 2012 9:41pm
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Post# 19415075

RE: JLT Banished

RE: JLT Banished

Mr. Bean, although I would like it if you were to ignore me you shouldn't make promises you can't keep.

Regarding Kinross, the market cap as of today is about $11 Billion not $17 as you say.

The reason I posted the information is because it is big news in the Gold mining world. It is also an example how a solid company with great assets (stellar Reserves) can drop 22% in a rising gold price environment - makes no sense.

It also serves as a good reference as to Reserves of a large gold miner (Kinross) and the Reserves of a junior junior miner (Golden Band).

 

 

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