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West Point Gold Corp V.AUU

Alternate Symbol(s):  AUSVF

Gold79 Mines Ltd is a Canada-based company, which is focused on building ounces in the Southwest United States. It is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. It has four gold projects, two of which are partnered with gold producers (Kinross at Jefferson Canyon and Agnico Eagle at Greyhound). The Company’s 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). 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. It also owns interest in Jefferson North Gold-Silver Project, Nevada and Jefferson Canyon Gold-Silver Project, Nevada. Jefferson North Gold-Silver Project is located Approximately 30 kilometers from Gold79’s Jefferson Canyon project.


TSXV:AUU - Post by User

Bullboard Posts
Post by pecorinaon Jun 19, 2013 11:25am
275 Views
Post# 21558353

so, $1.4mill arriving now??

so, $1.4mill arriving now??

Based on Hourglass 5/9 posting quoting Boaz, the 1.4mil would be payable to Auu when FVI

takes up the remaining 45 % of the option --  FVI having exercised the 45% option,  we should

see some cash flow shortly. -- 

The Auu stock price has hardly budget (yet) or is there another catch somewhere

Ciao

Tina

Bullboard Posts