Liberty Gold Corp T.LGD

Alternate Symbol(s): LGDTF

Metals & Mining Gold

Liberty Gold Corp. is an exploration and development stage company. The Company is focused on exploring for and developing open-pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. Black Pine is an open-pit, oxide gold, run-of-mine (ROM) heap leach gold mine located in southeastern Cassia County, Idaho. The property covers a total area of over 15,369 acres/6,220 hectares (ha). The Goldstrike is an oxidized, Carlin-style, sedimentary rock-hosted gold system located in Washington County, southwest Utah (50 km northwest of the city of St. George). The Goldstrike consists of over 749 owned unpatented claims (lode and placer), 99 leased unpatented claims, 633 acres of leased patented claims, 160 acres of leased private land, and 926 acres of leased state land, covering a total of 7,194 ha. Its 9,065 ha TV Tower gold-silver-copper property is located in northwestern Turkiye.

TSX:LGD - Post by User

Liberty Gold Corp

Bullboard Posts

Comment by crystalmethodon Mar 13, 2014 12:52pm

361 Views

Post# 22318570

RE:RE:RE:RE:RE:5 holes to go

I agree with you HRHH regarding the leverage NEV has to Kinsley Mtn exploration success, but PLG also has warrants out that are exercisable at $2.20 - good until Oct 31/14.

If you believe PLG 's share price will double from current levels over the next 7 - 8 months.......the warrants would trade at an intrinsic value of $1.00 per plus whatever time value remains. A few short days ago these warrants were trading at $0.12! Back in Dec they were a nickle!

The leverage increases expotentially as the share price tacks on gains beyond 100%. If you believe Long Canyon is an accurate analog for Kinsley Mtn.....PLG.wt has huge leverage.

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