St James Gold Corp LRDJF

Primary Symbol: V.LORD

Metals & Mining Industrial Metals & Minerals

St. James Gold Corp. is engaged in the acquisition, exploration and development of mineral resource properties located in Canada. The Company holds a 100-per-cent stake in 29 claims, covering 1,791 acres, in the Gander gold district in north-central Newfoundland located adjacent to New Found Gold Corp.’s Queensway North project; and a 100-per-cent stake in nine claims and an option to acquire a further 100-per-cent interest in 19 claims, covering a total 1,730 acres, in central Newfoundland located adjacent to Marathon Gold's Valentine Lake property. Its Grub Line property is located 3.5 kilometers west of the town of Gander, NL. The Quinn Lake Property comprises two contiguous mineral licenses totaling 700 hectares (ha).

TSXV:LORD - Post by User

St James Gold Corp > Feels like another pop is coming

<< Previous

Bullboard Posts

Next >>

Comment by GenHandgrenadeon Feb 07, 2023 3:32pm

202 Views

Post# 35272708

RE:RE:RE:Feels like another pop is coming

Me thinks the bottom has not been seen yet.

On September 21, 2022, the Company was unable to successfully negotiate an assignment or change in the terms of the option agreement within the extension period with Florin, as a result, Florin terminated the option and the Company wrote-off exploration and evaluation assets of $11,549,000.

A big ouch here.

I figure Lone Pine is looking pretty good right about now.

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec