HOMESTAKE RESOURCE CORP V.HSR

Metals & Mining Industrial Metals & Minerals

"Homestake Resource Corp is an exploration stage company. The Company is engaged in acquisition, exploration and development of natural resource properties located in Canada. Its properties include Homestake Ridge and Kinskuch."

TSXV:HSR - Post by User

HOMESTAKE RESOURCE CORP > SGG VS HSR

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Comment by stocksheriffon May 11, 2016 3:27pm

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Post# 24863211

RE:RE:RE:RE:RE:SGG VS HSR

humblebay wrote: the discovery hole a true width intercept of 52.5 metres averaging 20.99 g/t gold and 11.6 g/t silver, imagine if they hit these kinds of results in today's market. I also encouraging you guys take a look the deal they signed with Banks Island. they need to pay 6.5m to HSR and spend 10m on project to get 50% of the project. the project implied value should be at least 33 m dollars. don't forget, the deal was made when gold was under 1100. now close to 1300. the economics is totally different now. I expect some deal will be on table shortly. A strong JV deal will make the company tripple from here easily.

Glad I got in yesterday at 7 cents.
Probably one of the better penny plays in the golden triangle.

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First Nations contributions attract investor interest