Liberty Gold Corp T.LGD

Liberty Gold Reports 1.7 Million Indicated Ounces Of Gold At

[AwareInvestor]

Liberty Gold Corp has finally released a resource estimate for its Black Pine Oxide Gold deposit in Idaho following two years of drilling. The estimate is based on a pit shell, with the mineralization at the property consisting of Carlin-style oxide gold.

https://thedeepdive.ca/liberty-gold-reports-1-7-million-inferred-ounces-of-gold-at-black-pine-oxide-gold-deposit/

[Otclife]

I guess the market is not happy with this huh. Bummer I've held for months waiting on this resource estimate

[ubiquitousman]

It is a low grade deposit but oxide deposits can make good money with these grades. Liberty needs to lay out their plan going forward and timeline goals. How and when are they going to get this to being a productive mine. That is what people need to know. Are they going to spend the next three years trying to prove up reserves or do they have a plan to actually turn this into a productive mine.

[stocksnbonds]

Market was expecting 2 million ounces on this. Cal mentioned 1.5 on one of his interviews although with the discoveries, the street expected more. Yes, the grades are lower although with oxide heap leaching, these are very very profitable.  Hoping people see the value here as there has only been 15% of the property drilled so far. Very unfortunate about the price as there's likely 5-10

[0checker]

Yes, basically agree, already LT Holder.

[0checker]

https://www.streetwisereports.com/article/2021/09/09/maiden-drill-results-rekindling-the-fervor-at-explorers-utah-gold-project.html?utm_source=na_23249&utm_medium=recommended_article&utm_campaign=internal_recommended_article

[Hopeful123]

Did the lie to us..guess the deposit will not be feasible.

[stocksnbonds]

CEO is fantastic and comes with a great history. Moira even better as geologist. The deposit will be spectacular. By the end of all of this, it will be much much larger than we currently have. Do your DD. Many lower grade deposits in district very profitable. Gold is down from previous highs. No real catalyst for gold pushing higher anytime soon. LGD is languishing at this point as it's

[Hopeful123]

Do you see a 2 dollar stock ..my avge is 1.75.

[stocksnbonds]

Yes I do see 2$ I see it as ounces get proven even if gold langushes in the 1650+ range. If lower -- then no.  If gold stays at this level, and we get to 5MM ounces (my number -- no one else's), I can see $3-4 stock in a couple years as a buyout candidate.  This company will be bought out once there has been a decent amount of exploration on the property. The ounces currently

[diviner]

would be nice! my currtent avg is 0.80.  I got into Liberty over 2 years ago, but sold just under 1.00 before covid-crash and sat out for the ride up to 1.82.  Could just as well have hung onto it this whole time

[Hopeful123]

Is that 1.7 MLn ozs real and at 1750 gold it seems not feasible hence the sell off..This is my big position and my avge is 1.40...Hearing a lot of selling coming next week heading into month end and qtr end..very sad ..is Moira still there..hope Everett did not mess up.

[stocksnbonds]

You're always able to seel if you don't like the story.  Do your own DD and best of luck, sb

[stocksnbonds]

sorry, sell not seel Need to proof before sending.