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Grande Portage Resources Ltd. V.GPG

Alternate Symbol(s):  GPTRF

Grande Portage Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the Herbert gold discovery situated approximately 25 kilometers (km) north of Juneau, Alaska. The Company holds a 100% interest in the Herbert property. The Herbert Gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins. The Herbert Gold project is an exploration stage, partially drill-tested, high-grade, gold mineralized mesothermal quartz vein system in the historic Juneau Gold Belt of southeast Alaska. The project lies prominently within the 160 km long Juneau Gold Belt, which has produced over seven million ounces of gold. The project consists of 91 unpatented mining claims, located 25 km north of Juneau and to the south of Couer Alaska's profitable Kensington gold mine. The property covers six parallel vein structures exposed at the surface.


TSXV:GPG - Post by User

Comment by flash338on Dec 09, 2020 6:47pm
80 Views
Post# 32073417

RE:RE:RE:RE:RE:RE:Are the big boys trying too take gold down

RE:RE:RE:RE:RE:RE:Are the big boys trying too take gold downEric buying in is great news and really brought in alot more attention so don't take what I'm about to say to far out of context. 3m for Sprott is pocket change. It wasn't that long ago, maybe a couple of years, that a Sprott PP was jokingly called the Sprott kiss of death. Granted, the sector was in a brutal bear market and he runs a 'shotgun' strategy with explorers. He's funded some real dogs in the past but when your talking "pocket chage" spread out over dozens of prediscovery explorers, it only takes a few winners. I don't think that's what he was doing with GPG. My guess is he was looking at buying into an undervalued resource and getting any exploration upside free. At least that's what I was looking at. My point is, be careful blindly following Sprott. Do your own research. When gold and silver where breaking out, trading Sprott PP news releases wasn't a bad play but I'd wait for the next breakout for that.
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