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

Bullboard Posts

Comment by rallydriveron Oct 20, 2016 7:07pm

81 Views

Post# 25368402

RE:RE:RE:RE:RE:way oversold

it is hard to get excited about this company at all.
look when they sold the last chunk of Taviche - didnt help us shareholders.
If AEM continues to explore Greyhound over the next couple of years, they end up with 70% of it. ( I beleive - always check the agreements/news before you believe anything on this board).
So lets say they are excited enough to buy out the last 30% from Aura.
Realistically whats that 30% going to be worth, divided by the outstanding shares?
Right, not a heck of a lot, unless they start finding boulders of gold in thier exploration.
So, the daytraders who are flipping for a penny or two will make thier pennies.
I dont see longs making dollars.
just my opinion.

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