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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and disseminated felsic volcanic breccia-hosted gold boulders all of which are open for expansion and further discovery. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line. Hemberget is located approximately six km north of the Knaften project within the broader Gold Line along with Knaften.


TSXV:GUG - Post by User

Post by Maxmoeon Jan 03, 2022 1:30am
343 Views
Post# 34278372

Another example

Another exampleFrom an old guy like me that's seen all the games. Somebody suggested this company may never actually develop the mine. I 100% concur. They won't, a major will. Anyone remember Robert friedland? He never mined a pound of nickel but made $ billion selling diamond fields. Go back further in time. Ned Goodman never mined an ounce of gold but made his first fortune with gold exploration companies he controlled with his buddy Seymour of Franco Nevada fame. My memory is fading but I think it was hemlo that launched them. Granted, there are many hundreds of exploration companies and "plays" that never amount to anything, but the only way to find out if gug is one of them is to see the drill results. Drills don't lie. People do. I'm still on the fence for now with this one. But GLTA. 
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