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Viva Gold Corp. V.VAU

Alternate Symbol(s):  VAUCF

Viva Gold Corp. is a Canada-based gold exploration and development company, The Company’s business is the acquisition, exploration and development of precious metal properties. It is advancing its 100% owned Tonopah Project, located in the Walker Lane Trend in Western Nevada. The Tonopah property is located approximately 30 kilometers (km) northeast of Tonopah, Nevada and 30 miles south of Kinross' Round Mountain. It consists of 513 unpatented mineral claims, totaling 10,250 acres, that are located in the Ralston Valley, on the northeast side of the San Antonio Mountains in the Walker Lane structural trend of west-central Nevada.


TSXV:VAU - Post by User

Comment by givemeabreak1on Apr 29, 2022 10:15pm
110 Views
Post# 34644279

RE:RE:A reminder . We have a gem here . Highly undervalued .

RE:RE:A reminder . We have a gem here . Highly undervalued .dmoc
Some of what you say makes no sense?  You say it seems like a high risk investment?  Well duh it is a development stage mining company of course it is a high risk investment lol!  

As for some of the other stuff?
1.  Yes the ore can be leached?
2.  Obviously inferred resources do not count.  Not so obvious it is a devlopment stage company some have their whole resource in the inferred category.  To say they do not count is wrong but they should be heavily discounted.  Common practice about 30%.... but choose your own poison!

Over 90% of development stage mining companies never accomplish anything as to bringing a mine to production so if you want to play the game all you can do is choose what appears to be the best lottery ticket out there lol.  Throwing a dart sometimes is more successful lol!
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