Post by
stocksnbonds on Nov 16, 2021 12:34pm
More gold!
Great news starting to come out now.......
https://stockhouse.com/news/press-releases/2021/11/16/liberty-gold-confirms-major-gold-discovery-at-rangefront-black-pine-oxide-gold
Slowly this will creep up to a 5 million oz reserve. It will take time and this year will not do it although adding more gold is being added on a regular basis. This mine will be built and whoever buys this property will be very happy. So far, this will be a solid 2 MM producer. Not many of those out there in a safe jurisdiction.
PEA will come out after results are all out from this season's drill program which is good.
This is hard to go through but patience will be rewarded. Cal E, CEO, purchased a large chunk of his shares just under 2.00 as price fell and eventually went under 1.00 for a few days. He knows more than we would. Cal has faith in the company and has not sold any of his holdings. Our interests are certainly aligned.
I would be very interested to see what the true plan is for Goldstrike. Will that be packaged with Blackpine or will these properties be sold off independently? Hate to say this but we're needing to hang on for at least another solid year if not 2-3 before we see the results we're all hoping for. Liberty gold is a 1-3 year story from drilling, to proving up resources to sale IMO.
Good luck everyone,
sb
Comment by
goldstd69 on Nov 16, 2021 6:19pm
now if they just get out of Turkey
Comment by
Hopeful123 on Dec 16, 2021 5:08pm
Do u see a rebound in liberty gold to 1.50...not sure if the deposit will get to 3 Million.