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Gungnir Resources Inc V.GUG

Alternate Symbol(s):  ASWRF

Gungnir Resources Inc. is a Canadian mineral exploration company with gold and base metal projects in northern Sweden. The Company’s assets include two nickel-copper-cobalt deposits, Lappvattnet and Rormyrberget, both with updated nickel resources, and the Knaften-Hemberget project, which hosts a developing intrusion-hosted gold system, VMS-style mineralization, copper-nickel targets, and disseminated felsic volcanic breccia-hosted gold boulders all of which are open for expansion and further discovery. The Lappvattnet and Rormyrberget nickel deposits are located along the Nickel Line in the eastern part of the Vasterbotten District, approximately 60 kilometers (km) and 100 km, respectively, east of the Company’s Knaften gold exploration project. The Knaften project is situated at the south end of a regional structure known as the Gold Line. Hemberget is located approximately six km north of the Knaften project within the broader Gold Line along with Knaften.


TSXV:GUG - Post by User

Bullboard Posts
Comment by Prospektor31on Jan 24, 2005 5:53pm
195 Views
Post# 8480283

RE: resistance point

RE: resistance pointWhat makes you think something like that? Just because it breaches resistance doesn't mean it won't go right back down where it was. Unless this company publishes a massive find in diamonds, this thing won't move past 20 cents. It's just the hype that keeps it up above 15 cents. I don't want to be perceived as a basher but nobody has come up with real evidence that this company is going somewhere. Since 2000 the highest this thing has been is something like 25 cents. And I've never heard of a diamond bull as such. This investment is purely speculative and if you're holding to be rich at 30$/shr overnite, fine. That is what this investment is all about. Hell, it's better than gambling or the lottery, but please, no amount of pumping or wishful thinking will get this company anywhere past a quarter. And contrary to what you might be thinking right now, I do have vested interest in this company and for exactly the same reason as you guys. But contrary to gold (which is very speculative), diamonds and gemstones are even more speculative. There is an open market for gold, not diamonds (not as such). Anyways, that is my opinion. Regards everyone and good luck (cause that's what it's all about)
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