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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
Comment by xdmmdx3on Mar 07, 2012 5:19pm
180 Views
Post# 19640407

RE: Decent vol. - accumulation ?

RE: Decent vol. - accumulation ?

HARJAY:

"Don't believe TRR is looking to take out NCM.Just making an investment in an area they know well and want to take advantage of the discounted price to get in now."

 

I have to disagree with you here HARJAY.  IMHO TRR is getting "friendly" with NCM so that in the future they can negotiate taking over the Swayze Property and Chester too.  If TRR amasses enough land in this area, knowing full well the great results coming out of there, they can significantly take their company to the next level.  It's called longer term planning, and it is smart thinking, because NCM hasn't had a lot of success in drilling yet, but the properties they own are top notch.

 

Good luck to you and to all,

 

x

Bullboard Posts