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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

Comment by BlueChipper2020on Mar 01, 2021 3:28pm
262 Views
Post# 32687502

RE:RE:I DID SOME DD OVER THE WEEKEND AND FOUND AN INTERESTING

RE:RE:I DID SOME DD OVER THE WEEKEND AND FOUND AN INTERESTINGI do not follow what you mean? The private placement shares and warrants have a 4 month hold.

I suspect this is outstanding warrants/options being exercised from long suffering holders which are quickly being gobbled up. The current float is only about 28m shares however you have this large volume with the price holding up very well. 

I added a bit more today. Good risk/reward here with such a low o/s share count, Sprott, Nevada and little downside here. 

GLTA
BC


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