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Golden Arrow Resources Corp V.GRG

Alternate Symbol(s):  GARWF

Golden Arrow Resources Corporation is a mining exploration company. The Company is exploring the advanced San Pietro Cu-Au-Co project in Chile, and a portfolio that includes more than 125,000 hectares of prospective properties in Argentina. Its projects include Caballos, Don Bosco, Mogote, Potrerillos, Yanso, San Pietro and Rosales. The Caballos Copper-Gold Project is located in La Rioja province, in the Andean Cordillera, with elevations ranging from 4,000 m to 4,500 m above sea level. The Don Bosco Copper-Gold Project totals approximately 4,300 hectares of exploration licenses covering five distinct target areas in western La Rioja Province, Argentina. The Mogote project is located 350 kilometers (km) northwest of San Juan City, San Juan province, Argentina and adjoins the international border between Chile and Argentina. Its Rosales Project includes 3444 hectares of 100% held mineral claims. The Yanso gold project in eastern San Juan Province, Argentina.


TSXV:GRG - Post by User

Bullboard Posts
Post by AngelEyes3on Jul 19, 2019 8:32pm
106 Views
Post# 29942066

Not of fan of share dilution

Not of fan of share dilutionI do not like the idea of shares be offered at such low prices to raise funds. They should wait to do drilling on their other finds. I do not like the idea of them committing so much money to the property that they do not have. Yes Golden arrow is a company that likes to find mines but now as a 25 percent equity stake in a producing mine I for one would like to see this asset split off. That is why I bought the shares because of production and the belief silver will move higher. The exploration play is much to costly for a company that still does not have enough cash flow. I do not like the dilution and that is why the shares keep falling in price. From a dollar to the gutter..... Well just maybe silver moving higher to the mid 20's just might save this company from further dilution and see the shares recover. NOT impressed with management at the moment they do not seem to look out for their share holders. Once I recover to break even I will part with this company and never buy it or the other related companies again... Currently still down over 55 percent. 
Bullboard Posts