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Burin Gold Corp T.BURG


Primary Symbol: V.BURG

Burin Gold Corp. is a Canada-based junior gold exploration company. The Company is engaged in the identification, acquisition, evaluation, and exploration of mineral properties in the Avalonian terrane on the Burin Peninsula, in the southeastern part of the island of Newfoundland. Its Hickey’s Pond-Paradise Gold Project is a high-sulphidation gold system located in south-eastern Newfoundland on the Burin Peninsula. It has several mineral licenses, such as 025964M, 025965M, and 030955M. The 025964M license consist of approximately 256 claims. The 025965M license includes approximately 256 claims. The 030955M license includes approximately 12 claims .


TSXV:BURG - Post by User

Comment by MuttleyKnowson Dec 13, 2022 12:27am
208 Views
Post# 35167662

RE:why did CEO Clark resign ?

RE:why did CEO Clark resign ?He resigned or was fired because they didn't hit any big results in the drilling done.  We all expected that this could be a district size play but the results were not great.

Basically, the company is in re-set mode.  They still have hard cash on hand and a listing.  My guess is that they are looking for another project.  Unless gold prices sky rocket in the next few months, likely they will shift focus to ESG metals given they can issue super flow through shares now in Canada to fund the drill program.

Plethora is the controlling shareholder and they invest in both gold plays and ESG metal plays.  They know what they are doing so lets see what happens in 2023.
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