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Golden Shield Resources Inc C.GSRI

Alternate Symbol(s):  GSRFF

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Golden Shield Resources Inc. is a gold-exploration company. It is in the business of acquiring, exploring, and developing mineral properties, primarily those containing gold and associated base and precious metals. It is focused on three, 100% owned, exploration projects in Guyana, South America: Marudi Mountain, Arakaka, and Fish Creek. The Marudi Mountain project is located in southwestern Guyana and covers 5,457 hectares (ha) (54.7 square kilometers (km2)) of a prospective greenstone belt assemblage. The Marudi Mountain Project is in the Rupununi District of southwestern Guyana. The project is 500 kilometers (km) from the capital of Georgetown and 60 km from the Brazilian state of Roraima. The Arakaka project is a 100% owned 17,699 ha (176.9 km2) district-scale exploration project located in the prolific, Barama-Mazaruni Greenstone belts of the Guiana shield. Fish Creek is a 100% owned 6,028 ha (60.28 km2) land package, located in the Barama Greenstone Belt, 10 km west of Arakaka.


CSE:GSRI - Post by User

Golden Shield Resources Inc > Over the coming weekend, the 60 days mentioned will be over.
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Comment by moorageon Sep 20, 2024 8:05am
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Post# 36232633

RE:RE:Over the coming weekend, the 60 days mentioned will be over.

RE:RE:Over the coming weekend, the 60 days mentioned will be over.West Red Lake vs. TUCANO

Jeremy Gray:  15.09.2024:

........A key point for Tucano is it’s going to be just one year from “purchase to production” where the average for “discovery to production” is 20+ years.  
I stole that term off Gwen Preston from West Red Lake where their “purchase to production” is 2 years.
In reality Tucano is more advanced than West Red Lake because it has been operating consistently for 12 years and built up a lot more infrastructure and drilling. Although West Red Lake is smaller than Tucano, its market cap is 5x our current valuation.


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