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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 M139on Aug 28, 2014 7:59am
259 Views
Post# 22885243

Working with Majors

Working with Majors
This is just the reality of joining up with a Major and the Major is the operator. The Major could care less about the stock price of the Junior, they are all about finding resources. I have found this to be true for most JV, that news on the program is almost always late or delayed and in some cases you don't even hear about it while the Junior dies a slow and painful death. All we can do is wait and hope they hit something and tell us about it. This would be different if AUU had been the operator.

M
Bullboard Posts