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Grande Portage Resources Ltd. V.GPG

Alternate Symbol(s):  GPTRF

Grande Portage Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the Herbert gold discovery situated approximately 25 kilometers (km) north of Juneau, Alaska. The Company holds a 100% interest in the Herbert property. The Herbert Gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins. The Herbert Gold project is an exploration stage, partially drill-tested, high-grade, gold mineralized mesothermal quartz vein system in the historic Juneau Gold Belt of southeast Alaska. The project lies prominently within the 160 km long Juneau Gold Belt, which has produced over seven million ounces of gold. The project consists of 91 unpatented mining claims, located 25 km north of Juneau and to the south of Couer Alaska's profitable Kensington gold mine. The property covers six parallel vein structures exposed at the surface.


TSXV:GPG - Post by User

Comment by cincoagainon Sep 27, 2012 2:09pm
190 Views
Post# 20421383

RE: Reality

RE: Reality

Totally agree!  As this field season comes to a close, there will likely be no progress or news from GPG for another nine months and the stock will drift downward again.  As for the Herbert property, no surprises here. A few very high grade veins. so what, what to do about that, not much.  you really going to sink tens or a hundred million dollars of cap ex to drop a mill in the middle of alaska to mine these veins? i dont think so.  just look at merry widow, high grade veins there too and no progress on that in three years.  this management is so subpar, it is unbelieveable.  JMHO. hoping i am wrong and the stock goes to $.50..........so i can get out :)

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