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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
Post by stealth21on Jun 13, 2012 12:09pm
271 Views
Post# 20008675

NO MORE DILUTION OR?

NO MORE DILUTION OR?

Maybe Eugene is stalling to finance a new drill program.  He doesn't want to add more shares, this will make the acquiring party pay 5 million more for no reason.  Any additional drilling will make CBS impossible to buy at a reasonable price, it would prove even a bigger deposit!!!

Bullboard Posts