Bullboard - Stock Discussion Forum Golden Lake Exploration Inc C.GLM

Alternate Symbol(s): GOLXF

Golden Lake Exploration Inc. is a Canada-based public mining exploration company. The Company acquires, explores, and develops precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property. The Company’s Jewel Ridge property is located on the south end of Nevada’s prolific Battle Mountain-Eureka trend, along strike and contiguous... see more

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Golden Lake Exploration Inc > I DID SOME DD OVER THE WEEKEND AND FOUND AN INTERESTING

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Post by HHHAPPY on Mar 01, 2021 10:47am

I DID SOME DD OVER THE WEEKEND AND FOUND AN INTERESTING

FACT RE THE COMING ASSAY EXPECTED IN A FEW WEEKS . I BELIEVE, BASED ON A PR OF NOVEMBER 2020 WHICH DISCUSSED THE PLANS OF DRILLING IN NEVADA, THAT THE COMING ZONE OF THE ASSAY IS NOT THE SAME AS THE RECENTLY ANNOUNCED MAJOR GOLD FIND ZONE
IT MAY BE, AS THE ZONE WAS MENTIONED AS HAVING SIMILAR INDICATIONS AS THE "FIND" ZONE, BUT IF SIMILAR GRADES ARE DUPLICATED IT WOULD HAVE EVEN A GREATER IMPRESSION OF THE VALUE OF THE WHOLE PROJECT!
ALL FINGERS CROSSED.

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Comment by cmj1966 on Mar 01, 2021 3:05pm

This post has been removed in accordance with Community Policy

Comment by BlueChipper2020 on Mar 01, 2021 3:28pm

I do not follow what you mean? The private placement shares and warrants have a 4 month hold. I suspect this is outstanding warrants/options being exercised from long suffering holders which are quickly being gobbled up. The current float is only about 28m shares however you have this large volume with the price holding up very well. I added a bit more today. Good risk/reward here with ...more

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Golden Lake Exploration Inc