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).

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Gold79 Mines Ltd

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Comment by rallydriveron Nov 26, 2015 7:09pm

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Post# 24329747

RE:RE:RE:RE:Owning this stock

Agnico needs more ore in the near future up there, and if the gold is at greyhound thats a fairly accessible way for them to get it.
However, realistically , what is this going to gain Aura , even if they sell Greyhound 100% to Agnico?
I am recalling the sale of Taviche in Mexico, which, if I recall correctly, didnt help us shareholders at all.
So unless we can sell with an ongoing cut of the gold sales, or a real bonanza strike is found, what are us shareholders really going to gain, we didnt all buy in at a penny, and they sure arent getting any more of my money at this point , even at a penny.

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