HOMESTAKE RESOURCE CORP V.HSR

SGG VS HSR

[humblebay]

SGG will be acquired by Seabridge for 10m dollars. they have a very low grade project while in the golden triangle area. 

HSR has 1m high grade gold and 20m reasonable grade silver while the market cap is about 3.5m. will be interesting to see how the market will move the stock.

[yixter]

Glad u brought this up because I was thinking about this comparison. The gold is open all directions as well and there was drill holes not included in the resource estimate. Extremely cheap here!!!

[ramblersrest]

To the Moon Alice ! Arm .

[Hallfield]

[humblebay]

the discovery hole a true width intercept of 52.5 metres averaging 20.99 g/t gold and 11.6 g/t silver, imagine if they hit these kinds of results in today's market. I also encouraging you guys take a look the deal they signed with Banks Island. they need to pay 6.5m to HSR and spend 10m on project to get 50% of the project. the project implied value should be at least 33 m dollars. don

[stocksheriff]

Glad I got in yesterday at 7 cents. Probably one of the better penny plays in the golden triangle.

[Hawkdog]

By acquiring SGG - SEA buys into CXO's KSP project as well -  SGG optioned KSP to CXO Big boys are hunting the Triangle.  Going to be a good summer!