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Gold79 Mines Ltd V.AUU

Alternate Symbol(s):  AUSVF

Gold79 Mines Ltd. is a Canada-based exploration stage junior mining company. The Company is focused on building ounces in the Southwest United States (U.S.). It is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. The Company’s gold projects include the Jefferson Canyon Gold project and the Tip Top Gold project, both located in Nevada, U.S., and the Gold Chain project located in Arizona, U.S. In addition, the Company holds approximately 32.3% interest in the Greyhound Project, Nunavut, Canada under a joint venture by Agnico Eagle Mines Limited. The Tip Top Gold project is located in Esmeralda County, Nevada at the north end of the White Mountains, five miles south of Montgomery Pass, which is on United States Highway 6 between Bishop, California, and Tonopah, Nevada. The Gold Chain project consists of 15 patented claims, covering approximately 282 acres and 379 lode claims on BLM land comprising about 7,480 acres (3,027 Ha).


TSXV:AUU - Post by User

Bullboard Posts
Comment by Hourglass11on Apr 18, 2012 10:21am
191 Views
Post# 19806975

RE: RE: RE: RE: how low?

RE: RE: RE: RE: how low?

The directors of the company had to believe that there was going to be some decent future value to this company when they extended the purchase timeline on almost 15,000,000 warrants at $ .25 value?

I just can  not believe that they have now gone 6 1/2 months and there have been no contracts finalized with PAAS on the Taviche site. Both Rally Driver and myself had communicated numerous times with Robert Boaz, and he always indicated that the "lawyers" had the documents, and that we would here news in the next couple of weeks.

That started back in December!! Here we are 5 months later, the shares are worth half what they were then and still no news release!! Totally frustrating.

Hourglass11 

Bullboard Posts