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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
Comment by GenHandgrenadeon Jan 16, 2019 1:42pm
41 Views
Post# 29240739

RE:Why a share roll back?

RE:Why a share roll back?Well hello rockinlady. You haven't posted here for some time now. I thought you sold out and moved on. You make some excellent points in your post all of which remain true even after the planned consolidation. I am not sure exactly why they want to consolidate the stock. I suspect that it will make it easier to raise lots more money which they will need to go into production. I don't think this was just a run of the mill pump and dump. They have enough money to prove up the resources but they will need more lots more to build a mill and get to mining. They will need several PPs and a big loan.
Bullboard Posts