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Goliath Resources Ltd V.GOT

Alternate Symbol(s):  GOTRF

Goliath Resources Limited is a Canada-based junior resource exploration company. The Company is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. The Company owns 100% of the Golddigger property that covers an area of 52,756 hectares. The Homestake Ridge Deposit (Fury Gold Mines Limited), Dolly Varden Silver Mine (Dolly Varden Silver Corp.), and the Kinskuch Project (Hecla Mining Company) are in close proximity. The Golddigger Property consists of contiguous mineral claims located approximately 30 kilometers southeast of Stewart with tidewater access on Hastings Arm in the Golden Triangle of Northern British Columbia. The Luckystrike Property is located north of Terrace, British Columbia. The Company also owns a 10% interest in the DSM Syndicate projects. It has six mineral claim blocks, totaling 391 mineral claims, under Goliath's Nelligan East Project and Nelligan West Project.


TSXV:GOT - Post by User

Comment by mrsgoldmineron Dec 01, 2024 8:11pm
93 Views
Post# 36339962

RE:RE:Gold might be in for a Rought ride

RE:RE:Gold might be in for a Rought rideWell seen your lacking in that department let me help you out.Gold is only tied to the US dollar and that's it.
Gold is only a storage of value.When the US dollar is real strong Gold goes down and visa versa.
With the present high Gold prices stocks are at low levels because of the bad economy [ Biden ].Tell all the people in the soup lines that you know of a great stock to invest in as they have trouble buying food,paying their bills!
Now even if gold drops  that's OK as people or suckers will now have more money to invest as Trump brings in his new plan.It will take 8 to 12 months to kick in.

Note Geopolitics and Economics  at lowest ever  and the market does not like instability.
Lots can happen between now and Jan/20  just beware of those factors.


Always expect the unexpected

The cyclical nature of the market is the second most important thing that you have to know after psychology

Thou shalt understand the market and it's psychology buy low sell high
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