Labrador Gold Corp V.LAB

a big run

[Beaubie]

Why such a big run?

[deadder]

I suspect those who missed out on NFG are getting into LAB. Early indication looks similar. 

[Rosehill2]

Thats correct Deadder. In at a better price point and many more shares.

[BlindBoy]

there's no news out so far, but in all my year (decades) of playing these resource markets, this sort of recent move has generally indicated that the drill cores are giving positive indicators.  There might also be whispers regarding the two holes that are still being awaited, regarding the results of their assays. Obviously, the NFG attention has also attracted a LOT more money play in

[ronreagan]

Blindboy, I attribute the recent strength in this stock to: (1) the last news release saying that they saw visibile gold in the core, and  (2) LAB's property being on trend with the Appleton fault (and I believe Quinton Hennigh himself as mae reference to this fact). People are connecting the dots - and see LAB as a potential NFG II, although their landholdings are not as exgtensive as

[Warlockkk]

Why such a big run? LAB (Market Cap $43m) has the same geology as NFG (Market Cap. $2BILLION) which has the same geology as FOSTERVILLE owned by KL (Market Cap $13.75BILLION) THATS WHY!!! 

[Warlockkk]

Sorry got a little mixed up with pages, LAB has a MC of $250million. If we turn up with what NFG has now, that would mean a 8X jump in S/P. They havn't even scratched the surface yet and we are just getting started!

[megacopper]

  A market cap of $250 million dollars without one good drill hole. Be careful. NFG earned its market cap with well over 100 drill holes hitting very high grade gold over significant widths. I'm not saying LAB didn't hit something significant (I have no idea) but I'm just saying keep in mind the downside if the results aren't what you expect. Just because they have got

[Warlockkk]

Great advice megacopper, but it's too late for me! I'm all in with an average in low 60s. My last purchase was a few thousand at $1.77. I know there will be setbacks, there always is. NFG had their share of setbacks also, but I do believe that if they do come out with some hot core, you will never see 2 bucks again, and with VG in the cores the chances are very good.

[megacopper]

  I agree. I too like LAB's chances. And if they don't hit it big with this set of drill results there is still lots of drilling left. Just a friendly reminder to not bet the farm just in case it's not as good as expected. Believe me I've had my fair share of disappointments over the years. And I've got the wall paper to prove it. Lol

[Biomed4077]

Short much 

[crude]

Have you read the news !!!!!!!!!!!