Labrador Gold Corp V.LAB

Alternate Symbol(s): NKOSF

Metals & Mining Gold

Labrador Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company’s properties include Hopedale Property, Borden Lake Property, and Scotch Property. The Hopedale property comprises 998 claims on five licenses covering 249 square kilometers of the Florence Lake greenstone belt. The Hopedale property covers much of the Florence Lake greenstone (FLGB) belt that stretches over 43 km. The belt is typical of greenstone belts around the world but has been underexplored for gold by comparison. The eastern portion of the Florence Lake greenstone belt lies along tidewater southwest of Hopedale. The Company has a 100% undivided interest in the Borden Lake Property located near Chapleau, Ontario. Borden Lake Extension (BLE) consists of approximately 219 claims. The Company’s Scotch Property is located southwest of Moncton, New Brunswick and consists of 21 claims.

TSXV:LAB - Post by User

Labrador Gold Corp

Bullboard Posts

Post by Qh1234on Apr 03, 2016 1:23am

90 Views

Post# 24724837

My concern

it sounds good to know that NIK found good in the sample. However, I noticed that its financial health is not that great. By the end of q4/2015, it has only $1,000 in its balance sheet as it was indicated in https://www.stockhouse.com/companies/financials/v.nik/nikos-explorations-ltd?qm_page=36666&symbol=V.NIK. Does anyone know how NIK will rise cash for its operation? Thanks.

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