Bullboard - Stock Discussion Forum Gossan Resources Ltd GSSRF

Primary Symbol: V.GSS

Metals & Mining Industrial Metals & Minerals

Gossan Resources Limited holds mineral exploration and development properties located in Manitoba, Northwestern Ontario, and Newfoundland. Its projects include Sturgeon lake zinc property, Gander Gold Property, Inwood dolomite, Pipestone project, Bird river project, Separation rapids project and royalty interest in the Manigotagan deposit. It is focused on its drill-ready Glitter Property... see more

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Gossan Resources Ltd > Well that was insane!

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Post by Sciencegeek1 on May 10, 2021 4:28pm

Well that was insane!

Watched this wild ride up with the expectation of the LAB drill results, which turned out to be dissappointing for most people who were probably hoping to see well over 100 m g/t or similar to NFG. I am surprised this one held up reasonably well considering LAB got decimated today. Lot of folks got hurt on that one. Still really positive on the area but the LAB results are going to weigh on other stocks in the area IMO as most are way overvalued at the moment. Crazy action today.

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Comment by goldanalyst on May 10, 2021 5:23pm

I don't think the market really understood what the LAB NR was all about but I think once it sinks in LAB will continue it's march upwards as will all the surrounding plays....people were focussed on the reported values of upper sections of the 2 holes....however if they'd read the NR properly they would have noticed what the company was really trying to tell the market...." ...more

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