Prosper Gold Corp V.PGX

Many years ago...

[RazorRamone777]

I invested in a company that were finding a lot gold grain in till, the difference being thiers was very pounded. Over the course of a coulpe years they traced it back where it got more and more angular as they went, getting closer and closer to the source. They finally drilled with stellar results but it was not a happy ending with the local Siberians blockadeing them out. The Ont. Provincial Liberals ended up paying the company $5million to leave the area. Anyway my point is that here at PXG we have saved 2 years by not having to follow the trail back.GLTA.

[RazorRamone777]

that should have said rounded not pounded.

[Goaweigh]

They are suggesting the grains have only traveled 100 meters but have they proved that yet ?  Have they found the source, chip samples, trenches, rock saws, drill holes ? I think that once they can confirm they've discovered gold in outcrop and have found a significant structure the stock will rocket but I don't think they are quite there yet.

[diabase1]

Exactly Goaweigh. That's the way it was for the Rainy River deposit (New Gold), the Golden Pond deposit (Inco) and the Hemlo deposit (Barrick). Pristine crystals means that you're close to the source, but how far? And the direction of the glaciation can vary. So the pristine crystals of the Golden Sidewalk doesn't mean that they are right over top of the source. So a more detailed till

[Goaweigh]

I like the Hemlo comparison for obvious reasons. So we have 8,000,000 shares out, 6,000,000 of which is float and once the PP shares come free in February we will have around 13,500,000 shares out which is pretty dam tight. Add in the warrants and we are still under 20,000,000 If we find the source and do some trenching and hit, is $ 100,000,000 MC out of the question ? And if we hit on drilling

[diabase1]

There is a road that heads north and passes through the northern part of the property, before it heads north to GBR's Red Lake North block. The road appears to be a lumber road, so I don't know if it is maintained during the winter. From this road, there appears to be a good ATV trail that heads east, over to where the till anomalies are located. A map showing the lumber road is shown on

[Goaweigh]

Great work thanks. I guess it might be a bit slow for awhile but with so few shares available anyone who wants stock, and certainly if they want a decent position, is going to have to fight for it. And this Co. certainly isn't a household name so maybe we have a chance to pick up a bit on the cheap here and there, news should make impact for sure. Cheers