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Liberty Gold Corp T.LGD

Alternate Symbol(s):  LGDTF

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

Bullboard Posts
Comment by liquorcon Apr 24, 2014 8:09pm
235 Views
Post# 22488905

RE:RE:Price action: NEV vs PLG

RE:RE:Price action: NEV vs PLGiF PLG hits the magic number, say 4mm ozs, it sounds like a lot, but possible, at 125 oz or 500mm, 20% to nev equates to $5, 1/2 that much is $2.50, could happen. On the other side, mining could be very profitable on this district wide scale. Costs may be around $600, even at 1200 per oz on a 200k per year will yield 120 mill, cut that in half, say 60 mill and you are talking about 60 cents a share for plg. discount it back for six years at 6% is still 40 cents a share. these are all back of the envelope numbers. And Turkey is free. 
Bullboard Posts