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Golden Predator Mining Corp. T.GPD


Primary Symbol: NTGSF

Golden Predator Mining Corp. is a well-financed gold exploration company focused on its high-grade orogenic gold-in-quartz 3 Aces Project in Canada’s Yukon. With proven management and an experienced technical team, the Company is well positioned for growth.


OTCQX:NTGSF - Post by User

Comment by stanjson May 20, 2021 5:26am
111 Views
Post# 33236074

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:And this....

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:And this....GPY is part of my strategy of investing in preconstruction mines that will go to production during the gold bull market. 

At current share price, it buys you Brewery Creek Mine:
1. Mining licenses (but needs to be extended or updated)
2 NI-43101 resource estimate
3. Simple mining and production method (open pit heap leach)
4. "Social license"  (support from First Nation due to work done by Janet Sheriff)
5. Proven financier (William Sheriff)
6. Some mine facilities already built.
7. >50% below my estimated target valuation, high leverage to gold price

The only problem, is that Covid delayed everything by 1 year.

BFS should have been completed last year.

Furthermore, more delays caused by the Viva Gold debacle, shortsighted Viva shareholders who only value many grams/tonne of gold.

And another delay due to disgruntled former Yukon Govt employee, Christman.

None of these delays are due to geological mining issues that will kill the mine feasibility. 
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