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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project; and a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Comment by LongonZincon Feb 14, 2012 7:38pm
160 Views
Post# 19534576

RE: RE: number crunching

RE: RE: number crunching

Birdman,

I found something I can agree with you on.  Many companies do not use cut-offs when reporting drill intercepts, it is usually done during the resource calculation phase once you can do a frequency distribution of your samples. 

I think what I said about the Alaskite zone resource was that it had little to no value at current moly prices, but still had potential, I even described how that potential might be exploited.  Look at the PEA and tell me what the NPV is at $15 moly.

 

Bullboard Posts