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Labrador Gold Corp V.LAB

Alternate Symbol(s):  NKOSF

Labrador Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company’s properties include Hopedale Property, Borden Lake Property, and Scotch Property. The Hopedale property comprises 998 claims on five licenses covering 249 square kilometers of the Florence Lake greenstone belt. The Hopedale property covers much of the Florence Lake greenstone (FLGB) belt that stretches over 43 km. The belt is typical of greenstone belts around the world but has been underexplored for gold by comparison. The eastern portion of the Florence Lake greenstone belt lies along tidewater southwest of Hopedale. The Company has a 100% undivided interest in the Borden Lake Property located near Chapleau, Ontario. Borden Lake Extension (BLE) consists of approximately 219 claims. The Company’s Scotch Property is located southwest of Moncton, New Brunswick and consists of 21 claims.


TSXV:LAB - Post by User

Comment by megacopperon Jun 29, 2021 1:11am
296 Views
Post# 33464644

RE:RE:RE:RE:Question for the LAB guys

RE:RE:RE:RE:Question for the LAB guys

Flyder wrote: Very true.  However, the potential is quite high for LAB at this point.  Imagine having shares in NFG when it was a mere 1.50, and with far less outstanding shares to boot.

 


I'm pretty sure both LAB and NFG have a similar number of shares outstanding just north of 150 million shares fully diluted. LAB has added a lot of shares in recent financings. But yes LAB has fantastic potential and that is why all of us are so interested in their progress. I'm hopeful that LAB SIC or another junior can make a second big gold discovery this year to really light a fire under this gold play in NL. It really is amazing what is happening out here on the island with the huge amount of exploration and drilling going on. New Found Gold has taken it to a whole new level with so much success in a short period of time. 

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