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Golden Lake Exploration Inc C.GLM

Alternate Symbol(s):  GOLXF

Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Company’s Jewel Ridge property is located on the south end of Nevada’s prolific Battle Mountain-Eureka trend, along strike and contiguous with i-80 Gold’s Archimedes, Ruby Hill and FAD shaft gold deposits to the north, Timberline Resources advanced-stage Lookout Mountain project to the south and North Peak Resources Prospect Mountain Mine Complex to the west. It also holds the Cardinalli Portfolio, consisting of three patented mineral claims called the Sentinel, the Clipper and the Golden Rule, comprising approximately 23 acres. It also owns an early-stage property, the Copperview project, which is situated in south-central British Columbia. It holds the option to acquire a 100% undivided interest in the Conglin Creek Copper Property.


CSE:GLM - Post by User

Post by Hiddensecretson Oct 03, 2020 5:13pm
274 Views
Post# 31663558

Kodiak trades at $ 3 per share - we trade at 21.5 cents

Kodiak trades at $ 3 per share - we trade at 21.5 centsAnd yet we SURROUND the Kodiak property from all sides locking their copper find in.

How long do you think it will take Kodiak to figure this out and to launch a hostile bid to take out GLM, especially when we trade at a mere $ 4 million and, Kodiak just raised $ 12.5 million?

If Kodiak delays and we hit copper from our sides, it will be GLM buying out Kodiak cheaply as they cannot expand, we have them locked in. 

Nevada results should be in soon.

It is hard to believe that investors have a time horizon of a few hours for a gold project.   GLM hit 22 meters of gold.   They have 350 holes drilled to date and, 15 of the best holes with commerical grade gold.   And here on the finding of 1 hole only, investors shelve the project away. 

A PROJECT is not one (1) hole, it is a PROJECT of many holes and then to build a resource estimate.

The gold is already there from both historical drills to date and, our own drills.  It is a question of simply getting enough gold for a resource estimate that is of commercial value.

MPO
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