Before an investor risks their hard earned money that maybe wasted, Check out the fundamentals of the area first.
By going to Aldricks 1993Report
GEOLOGY AND METALLOGENY OF THE STEWART MINING CAMP, NORTHWESTERN BRITISH COLUMBIA
read it carefully as stated there are many gold veins with good grades only to be uneconomic because of the cross faulting dilutes the ore bearing veins but small incremental offsets. Even if the veins are of good grade the deposit becomes not mineable because of the offsetting faults. This one seems to have an area Surebet Zone and I must emphasize ZONE. Is it a collection of small little veins that are separated by useless wallrock or is it a fracture messed up breccia of veins.
It is the diluation factor an investor must look at before jumping in.
Even though the results last time around were of notable grade, the stock dropped from 120-130 to the present level of 70-80. Why? you have ask yourself if it was such a good result, why the stock drop ? Is it the smart money getting out because they know the situation.? A quick search on the MTO site Maps go to 6162000 457000 UTM and click on the title holder and see what pops up
below is the info
| Client ID | 283406 |
| Client Name | J2 SYNDICATE HOLDINGS LTD |
| Incorporation Number | BC1094357 |
| Address | |
| City | SURREY |
| Province | BC |
| Country | CANADA |
| Postal Code | V3R 8X8 |
| FMC Certificate Number | 110269659
|
The other point I have to add is who are the claims owned by? Looks like not Goliath in fact J2 has gone out and staked huge areas in and around the Cambria Ice field, Why do you ask ? Possibly the company knows that it has to look elsewhere as the economics is a factors with the Surebet..
My advice is too look elsewhere and with companies that have solid footing
Target will be similiar to the west haven story of 40cents as further results from this company will be "HO HUM"
On target everytime with a Bullseye (!)