TSX:LSG.DB - Post by User
Post by
InvestInTheBeston Feb 10, 2016 1:00am
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Post# 24542596
Amazing opportunity for a half cent in Timmins gold camp !
Amazing opportunity for a half cent in Timmins gold camp ! Plato Gold (v.PGC) at just half a penny holds the land that is adjacent and surrounds Kirkland Lake Gold/St. Andrew's Goldfield's Holt and Holloway mines.
The recently combined St. Andrew's Goldfields and Kirkland Lake Gold needs this property to extend the life of the Holt and Holloway mines.
Kirkland Lake Gold just bought St. Andrew's Goldfields for $ 178 million dollars. Kirkland Lake Gold's (t.KGI) share price has been on fire since the acquisition and now has a market-cap of $ 730 Million. Just look at t.KGI's chart !!! There's just no way v.PGC stays at just half a penny ! Just watch !
As per the bottom of Plato Gold's (v.PGC) news releases...
"The Northern Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario. In November 2010, Plato signed an agreement granting St Andrew Goldfields Ltd. the option to earn a 75% interest in the above properties. Currently the Holloway and Marriott properties remain in good standing. In July 2012, Plato sold a 50% interest in the Guibord property to Victory Gold Mines Inc. who amalgamated with Northern Gold Mining Inc. on February 6, 2013. In February 2013, Plato sold an 80% interest in the Harker property to Northern Gold Mining Inc."
The following map shows Plato Gold's Holloway, Marriott, Guibord and Harker properties.
Link to the map on St. Andrew's Goldfield's website: https://www.sasgoldmines.com/i/maps/MAP_Holt2014.jpg
image: https://www.sasgoldmines.com/i/maps/MAP_Holt2014.jpg
