St James Gold Corp V.LORD

Alternate Symbol(s): LRDJF

Metals & Mining Industrial Metals & Minerals

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).

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St James Gold Corp

Bullboard Posts

Comment by gold_strikeon Mar 10, 2020 1:31pm

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Post# 30789294

RE:RE:RE:RE:RE:RE:RE:RE: Bard's Gold & Silver not going away!

I think almost everyone knew of the risks of this stock and its history. There was a chance it might have gotten back on track if several million in financing had gone through, but it didn't. The fact that we have what may be a rich resource is the only reason the stock has a value other than zero, and why the market cap as it is, is so low.

However, we know that since they need cash now, another financing will be done at 10 cents or less assuming they can get anyone to subscribe. Of course you never know if they might sell Lone Pine to a larger company for shares of that company or something like that (what is probably the best solution for shareholders).

So basically the known risks are already factored into the stock price for those still holding.

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