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St James Gold Corp V.LORD

Alternate Symbol(s):  LRDJF

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project; and a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).


TSXV:LORD - Post by User

Bullboard Posts
Post by rockinladyon Jan 15, 2019 5:43pm
76 Views
Post# 29236532

Why a share roll back?

Why a share roll back?Why would Bard need a share roll back at the present time?
I read that Bard drilled the 163 million tonne Alaskite Zone deposit and did a Preliminary Economic Assessment with about $6,000,000 and most drill holes there were more than 600 metres deep (many were more than 700 metres) with rich mineral from top to bottom.
The gold-silver-rich Quartz Breccia Zone - on Bard's map of 9 holes drilled there already - would need holes about 250 metres deep. A Preliminary Economic Assessment at the gold-silver-rich Quartz Breccia Zone would cost much less than $6,000,000. I would think about $3,000,000, or less, because it has those impressive diamond drill holes in it already.
Bard has about $5,250,000.00. Now, with silver and gold prices rising and going much higher soon is the time to drill the gold-silver-rich Quartz Breccia Zone and get a Preliminary Economic Assessment done.
My son keeps telling me: "Mom, keep your eyes on the ball, keep your eyes on the ball!"
"I'm trying to. I'm trying, but they keep juggling the balls!"
Bullboard Posts