Post by
Goaweigh on Dec 02, 2020 12:18am
Someone has to provide a warning so I will.
What a shitty deal, no gold and way too much stock outstanding and management don't have a clue so I wouldn't touch this with a ten foot pole and I don't think anyone else should either.
Comment by
RYUcan on Dec 02, 2020 12:48am
Not sure if you are on the right board? -Management is proven and award winning -13M shares out -till samples look good -13M market cap
Comment by
diabase1 on Dec 02, 2020 7:51am
You are right RYU. Goaweigh, comments??
Comment by
Goaweigh on Dec 02, 2020 9:07am
Shhhhh, I'm just trying to flush out some scaredy cats.
Comment by
diabase1 on Dec 02, 2020 2:52pm
According to their Company Presentation, they won't be going into the field until mid April 2021. I take it that they want to do more till sampling and trenching before they do anything more. Snow in the bush is tough to work, but they could do ground geophysics (on snow shoes).
Comment by
RYUcan on Dec 02, 2020 3:56pm
I agree, it will take much more work to get this really going. Next summer is my take as well. JMO
Comment by
NorthBayBob on Dec 02, 2020 4:52pm
Exciting early result. Tight share structure although they will need to do a financing before the 2021 program. Adding this to my watchlist.
Comment by
diabase1 on Dec 02, 2020 8:45pm
Taken from a Sabina Gold report, who optioned the property to Prosper Gold. Check the property map on PGX's website for locations of the following showings. "A number of high grade Au results were returned from the Dunkin II (73.42 g/t) and Vihonen (182.98 g/t) showings". Could the till samples over the Golden Sidewalk be coming from the above 2 areas??
Comment by
RazorRamone777 on Dec 03, 2020 10:13am
diabase1, in the latest N/R is this statement, "Glacially transported gold grains with a pristine morphology have not travelled more than 100 metres". If that statement is correct, a lot of time or money should not be required to find the source.