TSXV:RYG - Post Discussion
Post by
ontheDL on Sep 14, 2011 12:38am
Underworld claims optioned from Shawn Ryan and Cat
Not long ago, maybe 4 years there were a handful of juniors exploring precious metals in the Yukon. Now there are probably more than 200 juniors sending samples and drill core to a few labs in BC. Thankfully I hear a new lab is being built in Yukon for next year. In the mean time aggressive explorers used to be able to pay double and rush assays, this summer this ended with the overload. Even if you paid a premium on top of the premium I'm told this won't help you get priority treatment.
In 2010, 50% of financing went to Gold exploration. TMX Group of exchanges is the leading mining exchange in the world.
- Almost 60% of the world’s public mining companies are listed on a TMX Group exchange
How quickly the markets have turned and with these facts and $1800+ pog, this is a major disconnect. I have complete confidence in a few companies who have proven themselves already. The VP exploration, Mike from Golden Predator (GPD) worked with Shawn and we all know Shawn was instrumental with Underworld.
Lawrence Roulston initiated coverage of "Underworld the sequel" - Resource Opportunities
https://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?p=0&m=29987142&l=0&r=0&s=SSH&t=LIST
If Ryangold is spending $15M on his best properties then it won't be long before Coffin and McCoach start covering RYG
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