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Bullboard - Stock Discussion Forum Labrador Gold Corp V.LAB

Alternate Symbol(s):  NKOSF

Labrador Gold Corp. is a Canada-based mineral exploration company. The Company is focused on the acquisition and exploration of prospective gold projects in Eastern Canada. The Company’s properties include Hopedale Property, Borden Lake Property, and Scotch Property. The Hopedale property comprises 998 claims on five licenses covering 249 square kilometers of the Florence Lake greenstone belt... see more

TSXV:LAB - Post Discussion

Labrador Gold Corp > LAB: last drill results.
View:
Post by Royal10 on Dec 17, 2020 11:02am

LAB: last drill results.

Expect overeaction to low grade results. Must not forget results issued on Dec. 9th that showed visible gold and big vein! Further drilling early 2021.
Comment by JimmyDeen on Dec 17, 2020 5:58pm
So, if the drill results had caused a .10 hike in the stock price that would have been an overreaction to positive results? Come on... everyone knows what the deal is with junior explorers. They live and die off of drill results. LAB had bad results? What, do you expect people to come flocking to buy shares off of bad drill results when ultimately drill results are the only card they have to play? ...more  
Comment by jrk8888 on Dec 18, 2020 8:53am
What's really going to matter is the Big Vein diamond drilling in January...Don't think the exploratory RAB drilling results were something to panic about. These were shallow exploratory holes to gather data. Hence a bit of an over-reaction. Lots of shares got picked up yesterday.
Comment by MuttleyKnows on Dec 18, 2020 10:50pm
You nailed it. Labrador was crazy releasing partial assays of a reconnaissance program.  I have no idea why they did that. The key is the newly discovered 400m long vein zone which hasn't been tested yet. They will diamond drill this hard in Q1 2021. Now is the time to place your bets on drill results that mean something. Diamond drilling not these RAB results. 
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