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Gold79 Mines Ltd V.AUU

Alternate Symbol(s):  AUSVF

Gold79 Mines Ltd. is a Canada-based exploration stage junior mining company. The Company is focused on building ounces in the Southwest United States (U.S.). It is engaged in the identification, acquisition, evaluation and exploration of mineral properties in North America. The Company’s gold projects include the Jefferson Canyon Gold project and the Tip Top Gold project, both located in Nevada, U.S., and the Gold Chain project located in Arizona, U.S. In addition, the Company holds approximately 32.3% interest in the Greyhound Project, Nunavut, Canada under a joint venture by Agnico Eagle Mines Limited. 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. The 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).


TSXV:AUU - Post by User

Bullboard Posts
Comment by rallydriveron Jun 12, 2014 7:35pm
173 Views
Post# 22655672

RE:RE:just found out about AUU

RE:RE:just found out about AUU
well I dont think rumour - the news release came out.
Emotion, maybe.
I'd like to point out, that as we were stalled for quite a while, like many juniors over the last 2 years, the management of this company didnt dilute, didnt do any stupid reverse splits to kill existing investors, didnt give the company away for peanuts, and didnt give up.
I have been frustrated by the lack of progress or activity of any kind over the last while too, but I think it's worthwhile to make those points.
Other vultures I am in, havent done a thing to help existing investors, some have knowingly made things much much worse ( like a 10 for 1 reverse ).
So, although existing investors like me are probably still looking at a loss position, we didnt get screwed and the potential for recovery exists.
Good luck everyone.
Bullboard Posts