Golden Shield Resources Inc C.GSRI

Alternate Symbol(s): GSRFF

Consumer Cyclical Advertising Agencies

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

<< Previous

Bullboard Posts

Next >>

Post by moorageon Sep 27, 2024 7:18am

121 Views

Post# 36243622

GSRI valuation of only C$60 million vs. US$500 million

Jeremy Gray CEO of Tucano Gold in the current letter to shareholders:

This is a last call for our C$0.80 cent round with a half warrant. We will launch a C$1.20 round in October as we get closer to production, implying a valuation of only C$60 million which is still well below our replacement cost of US$500 million.

https://www.tucanogold.com/investors

<< Previous

Bullboard Posts

Next >>

The top TSX healthcare stocks under $1