Gold79 Mines Ltd V.AUU

Alternate Symbol(s): AUSVF

Metals & Mining Industrial Metals & Minerals

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

Gold79 Mines Ltd

Bullboard Posts

Comment by rallydriveron Jun 09, 2015 8:09pm

33 Views

Post# 23813557

RE:RE:RE:RE:RE:Everybody is getting diluted with the new offering

I have averaged down a few times, yet the price continued to plummet. I have way more of this currently worthless stock than I need. If they even would have told us how they plan to generate some cash from their properties, that may have helped, but they have just asked for money.
So, no, I wont be buying, but I sure hope they get this thing moving somehow.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload