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Bullboard - Stock Discussion Forum Golden Shield Resources Inc C.GSRI

Alternate Symbol(s):  GSRFF

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... see more

CSE:GSRI - Post Discussion

Golden Shield Resources Inc > Over the coming weekend, the 60 days mentioned will be over.
View:
Post by moorage on Sep 19, 2024 9:44am

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

It will be exciting.

The parties will use commercially reasonable efforts to negotiate and finalize the definitive agreement within 60 days following the date of the LOI. To facilitate this process, Golden Shield and Tucano Gold have agreed to negotiate exclusively for a period of 60 days following the date of the LOI and to complete due diligence and negotiate and enter into a definitive agreement.


https://www.stockwatch.com/News/Item/Z-C!GSRI-3579027/C/GSRI
Comment by TechMTrader26 on Sep 20, 2024 1:12am
Great post Moorage.  Yes I didn’t think of that. Basically what your saying is we have only a couple more trading days to get set before the stock goes definitive and comes out in a couple of months with a massive rerating as a producer.  Hats off to Leo Hathaway for pulling this off and turning themselves from a broke explorer to one of the largest gold operators in Northern Brazil.
Comment by moorage on Sep 20, 2024 8:05am
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 ...more  
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