Sixty North Gold Mining Ltd C.SXTY

Upside

[Redrum180]

This is not investment advice but this is my thinking on this company.

     They have a fully permitted, former high grade gold mine that produced 15,000 oz. of gold from 15,000 tons of material.  This is an astronomical grade.  Yes, there will be some dilution but I think the company has negotiated a good deal and added transparency.  

     Nobody can say with certainty what the future holds but I love the risk-reward ratio here.  That amount of gold is worth $29,250,000 (using $1,950 per oz.).  

     The market cap is $5.8 million in USD.  

      If they produce anywhere near that number, what do you think the value of these shares will be?

      Perhaps the low volume is justified and I'm totally wrong.  This is still a risk I'm willing to take.  I'm excluding the potential value of the newly discovered nickel-cobalt zone.

     Please correct me if I've stated any of this incorrectly.

[givemeabreak1]

Redrum It appears that you have drank the Koolaid! A good deal for who Webb lol?  Let's see Webb is the Pres and CEO.  He collects management fees!  He collects fees due to NDM the company they are buying the right or earn in from that he happens to own.  He collect fees due to DRW Geological Consultants which is him.  He collects fees on behalf of Geauque Holdings

[schocor]

i think you guys are both on the right track; but there is room for differing opinions in this project.  this is a local (yellowknife) exploration project. good partners- great considering its   yellowknife. its a fun story in a great mining district, with ZERO exploration  interest ($$$$) right now. local guys who had careers doing this, retired and are now on this project. these