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Goliath Resources Ltd V.GOT

Alternate Symbol(s):  GOTRF

Goliath Resources Limited is a Canada-based junior resource exploration company. The Company is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. The Company owns 100% of the Golddigger property that covers an area of 52,756 hectares. The Homestake Ridge Deposit (Fury Gold Mines Limited), Dolly Varden Silver Mine (Dolly Varden Silver Corp.), and the Kinskuch Project (Hecla Mining Company) are in close proximity. The Golddigger Property consists of contiguous mineral claims located approximately 30 kilometers southeast of Stewart with tidewater access on Hastings Arm in the Golden Triangle of Northern British Columbia. The Luckystrike Property is located 40 kilometers north of Terrace, British Columbia. The Company also owns a 10% interest in the DSM Syndicate projects. It has six mineral claim blocks under Goliath’s Nelligan East Project and Nelligan West Project.


TSXV:GOT - Post by User

Bullboard Posts
Comment by marsman1on Oct 02, 2018 2:02pm
90 Views
Post# 28730734

RE:In @ .14

RE:In @ .14It's hard to figure what a stock is worth , and very hard in the junior mining environment. GOt has a lot going for it. 4 properties of which 2 are being drilled this year , a great jurisdiction , B.C Canada , the Golden Triangle and a 10 % ownership in Dsm. All of that make it worth something. But only the market place can put a value on that. Today they announced that one of their properties had not 1 but 2 large discoveries. That new information has moved the stock up 12% so far today. But it is just guess work to know what the total package is worth. And each individual has his own threshold of gain or pain. So for some a 2 or 3 cent profit or loss is all they are looking for . For me , I have always made the decision to be an investor/holder because once a sale is made it is difficult to get back in. Right now, with what I know I would say .40 cents is where I think it should be trading , but we will have much more information in the coming months . I can see it trading at 2 dollars in a year if we get lucky.
Bullboard Posts