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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
Post by xdmmdx3on Feb 14, 2012 1:47pm
412 Views
Post# 19532511

Volume required to break through 10¢...

Volume required to break through 10¢...

Hi all....I'm expecting it can take between two to three million shares to get through this level.  If it takes less than that then 13¢ will be seriously threatened.  When you think about it, that's only $200k-$300k, and considering we've already traded through 7¢, I think it's fair to say the the trend is now up.  And the trend is your friend. :-)

 

Now all we have to see is WHY the stock is trading upwards.  Confirmation of some good news will drastically increase volume and price...especially it the news is what I'm hoping it will be.

 

Good luck to all,

 

x

Bullboard Posts