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Bullboard - Stock Discussion Forum Goliath Resources Ltd V.GOT

Alternate Symbol(s):  GOTRF

Goliath Resources Limited is a Canada-based junior resource exploration company. The Company is an explorer of precious metals projects in the prolific Golden Triangle of northwestern British Columbia and Abitibi Greenstone Belt of Quebec. The Company owns 100% of the Golddigger property that covers an area of 52,756 hectares. The Homestake Ridge Deposit (Fury Gold Mines Limited), Dolly Varden... see more

TSXV:GOT - Post Discussion

Goliath Resources Ltd > Looking at TUD results today re the hi grade SC1 zone
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Post by Galaxym31 on Aug 13, 2024 7:52pm

Looking at TUD results today re the hi grade SC1 zone

I realize almost all of Goliaths intercepts are stronger many by a lot .One example  GD 24 235  35.04 Au equ.over 6.34 meters within 15.86 Au equ.over 11.9 meters .In this same first hole of the season we are waiting assays for a 24.4 meter intercept with abundant VG and a 10 meter intercept also with abundant VG . wowzers  Abundant is the word used in the original release . Lets not forget 56 km of property along the Red Line .
Comment by Jetstream1281 on Aug 14, 2024 3:49pm
That is a nice enriched zone for sure, but it's in a 15.86g/t over 11.9 m. The SC-1 hit was 15+ g/T over 15m....The hits on Treaty Creek are just as impressive, they just aren't getting the credit for them that they deserve....I'm not saying that GOT is overvalued, I'm saying it is likely priced just about right for now...but TC is MASSIVELY undervalued....currently at least 3x ...more  
Comment by Iwant2Retire on Aug 14, 2024 11:42pm
Do they have an estimate of much gold is proven thus far? Or is it too soon?
Comment by Jetstream1281 on Aug 15, 2024 10:55am
Too soon at this point I think....Their mandate is to put out a minimum 2 million ounce MRE by June 1, 2027 to gain 100% ownership of the property. If they keep going at this rate that should be easily doable I would think.....in fact they are likely to have closer to twice that if things keep going the way they are.....
Comment by Jetstream1281 on Aug 15, 2024 10:56am
Read this.... https://goliathresourcesltd.com/wp-content/uploads/2024/04/April-15-2024-Goliath-Amends-Option-Agreement-To-Fast-Track-49-Ownership-In-Golddigger-Property-Based-on-Positive-Results-To-Date-Golden-Triangle-BC.pdf
Comment by Galaxym31 on Aug 15, 2024 2:56pm
My estimate is lots .
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