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Acme Gold Company Ltd V.AGE


Primary Symbol: C.AGE

Acme Gold Company Limited is a Canada-based company engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. The Company owns a 100% interest in two contiguous mineral claims covering approximately 3,314 hectares (the Old Fort Property) located in the Babine District of northern British Columbia (BC), 22 kilometers (km) north of the village of Granisle, BC. The Old Fort Property lies about 13 km northwest of the past producing Bell copper mine. It owns the Old Fort Property for its potential to host porphyry copper gold mineralization similar to that seen elsewhere in the Babine District, such as the past producing Bell and Granisle mines, and at the Morrison deposit.


CSE:AGE - Post by User

Comment by digger144on Sep 09, 2012 4:19pm
262 Views
Post# 20340404

RE: manipulated?

RE: manipulated?

Hey Goodluck2u...

As for your manipulation question...absolutely not!

What we must understand is that AGE is a very tightly held stock..always has been...the retail investors only controls about 30% of the float....the rest is spread out to Institutions & Management.

The last Private Placement was made at $.45....I believe we are just moving to historical support levels.

https://adventure-gold.com/common/documents/7326526_2_2011-12-28-PR.pdf

The Pascalis-Colombiere Property will be put back into production...I am hoping for a significant increase in share price in the near-term which should give them the ability to complete a substantial Private Placement and push towards the development stage in terms of a NI 43-101 Resource Estimate, Scoping Study...which will lead to an agreement signed with a development Partner or sell the Property outright. The Management Team will not bring it into the final stages...they are explorers...not miners.

Should be a very interesting week!

The market is looking for confirmation and expansion...the drill hole location map illustrates a couple of deep holes drilled into the old workings of the past producing L.C. Beliveau Mine...it will demonstrate potential at depth or lack there of...the old workings only go to a vertical depth of 300 metres...they are and have drilled to depths of about 900 metres.

You could not have a better opportunity to bring out positive news in this environment!

Digger144

P.S. If they can hit at the Loraine Zone...we will move up significantly. There chances are good..the initial findings point to a possible substantial source at depth....something "pushed" those findings to surface!

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