Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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So far, so good then - I'd be surprised to see it blow past 80p in a straight line but ya never know.
I'd like to see Pure Gold acquire or merger with Pacton Gold which imo makes sense. Pacton Gold owns the land next to Pure Gold and Pure Gold did some 2 D seismic survey for them last yr. the few drill holes they have done show 17.5 g/t AU to 126.5 g/t Au at 0.5m. They have the land Pure Gold has the mill plus Pacton Gold has land in Australia.
Eric Sprott, another of our cornerstone investors, says that PureGold reminds him of another gold company in which he was a key strategic investor, Kirkland Lake Gold. Similar to Goldcorp, Kirkland Lake Gold was transformed after it made two high-grade discoveries – one at its Macassa mine in Canada, and another at Fosterville in Australia.
The ultra-high grade hits in the 8 Zone remind me a lot of the High Grade Zone that built Goldcorp, as well as SMC at Macassa and the Swan Zone at Fosterville. These are the types of discoveries that have the potential to be company makers, and tend to lead to a much higher production profile than originally given credit.
"The ultra-high grade hits in the 8 Zone remind me a lot of the High Grade Zone that built Goldcorp, as well as SMC at Macassa and the Swan Zone at Fosterville. These are the types of discoveries that have the potential to be company makers, and tend to lead to a much higher production profile than originally given credit" – Mr. Eric Sprott.
The above taken from Pure Gold Mine web page.
IMO only & DYOR. Gold price is flying. Present & in future The US & World is printing money like there is no tomorrow = Devaluation of Currency's and Inflation. Economic Crisis. Red Lake is a brilliant address for any Gold miner to have a Producing mine in. IMO only. I think the management wants to build the company into a 1st Rate, Large Gold mining company in its own right and would rather not be bought out. Not every good company has to be bought out . Lakeland Gold has not been as an example. In future our company could do the acquisition buy outs of other company's. Why not in the future?. Just my thoughts on subject.