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Bullboard - Stock Discussion Forum Labrador Gold Corp NKOSF


Primary Symbol: V.LAB

Labrador Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company’s properties include Hopedale Property, Borden Lake Property, and Scotch Property. The Hopedale property comprises 998 claims on five licenses covering 249 square kilometers of the Florence Lake greenstone belt... see more

TSXV:LAB - Post Discussion

Labrador Gold Corp > Looking forward
View:
Post by tictactoe111 on Jul 16, 2024 4:20pm

Looking forward

I took a position in this today. The remaining assets plus NFG share value and LAB's cash in bank way exceed the current market cap, that's a nice starting point for entry. At this market cap it's a no brainer and especially unlike most juniors, little or no risk of dilution in the near future. Minimal downside with significant upside possible off the back of NFG holding or perhaps Hopedale as it unfolds.

Not big money allocated but couldn't let a bargain pass me by.

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