Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Galleon Gold Corp V.GGO

Alternate Symbol(s):  PNCKF

Galleon Gold Corp. is a Canada-based advanced exploration and development company focused on the West Cache Gold Project in Timmins, Ontario. The West Cache Gold Project is located approximately seven kilometers (km) northeast of Pan American Silver’s Timmins West Mine and 14 km southwest of Newmont’s Hollinger Mine. The land package totals approximately 10,370 hectares (ha) and consists of a mining lease, mining licenses of occupation (MLO), patent claims and mining claims. Its Golden Trove Project is a high-grade gold-dominant vein system. It is located approximately 27 km southeast of Boise, Idaho. Golden Trove private property consists of about five patented mining claims covering approximately 22.4 ha and another seven unpatented lode claims covering about 52.6 ha located on Forest Service administered public lands. The additional properties in the Company’s portfolio include Eastford Lake, Golden Harker, West Cache Ogden, and West Cache Price.


TSXV:GGO - Post by User

Comment by Billybeaneon Jan 06, 2024 4:52pm
143 Views
Post# 35814047

RE:Well .......

RE:Well .......5CAD sounds strange at the moment, but a relatively small position at this juncture actually makes sense in a portfolio. If I'm not mistaken; the market is paying ca. 3$ for each oz of gold in the ground(!). Great infrastructure, and short time til execution (6 months). Adding to that  only 10% of the property has been drilled makes it a story I'm waiting out. However; if it can't make new financing at appropriate levels, the stock might be diluted into oblivion. Thats why the recent priceaction is so encouraging. Higher stock=lower cost of capital, and yes; I own this stock. 
<< Previous
Bullboard Posts
Next >>