Golden Lake Exploration CSE:GLM

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1 week 4 days ago #125359 by GoldnBoy
GoldnBoy replied the topic: Golden Lake Exploration CSE:GLM
Here is depth, market looks fairly balanced

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1 week 5 days ago #125354 by alexgreat
alexgreat replied the topic: Golden Lake Exploration CSE:GLM
The stock has been consolidating around 20 cents for a few weeks now. Could break to the upside anytime

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1 week 6 days ago #125351 by Gambler
Gambler replied the topic: Golden Lake Exploration CSE:GLM
Junglist, welcome aboard, I bought some more today also

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1 week 6 days ago #125349 by JunglistGuy
JunglistGuy replied the topic: Golden Lake Exploration CSE:GLM
I took some profits in Blackrock and bought some GLM today at 20, so it can start going higher now

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1 week 6 days ago #125348 by GoldnBoy
GoldnBoy replied the topic: Golden Lake Exploration CSE:GLM
Here is depth, quite a few bids at 19 cents

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1 week 6 days ago #125345 by alexgreat
alexgreat replied the topic: Golden Lake Exploration CSE:GLM
Since volume picked up in May, a nice uptrend channel

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1 week 6 days ago #125342 by lynnsa10
lynnsa10 replied the topic: Golden Lake Exploration CSE:GLM
Short video here, just has a few highlights

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1 week 6 days ago #125341 by DearJohn
DearJohn replied the topic: Golden Lake Exploration CSE:GLM
Picked up a good position in this one, lets get those drills turning

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2 weeks 16 hours ago #125333 by lynnsa10
lynnsa10 replied the topic: Golden Lake Exploration CSE:GLM
I like this one too and added to my position Friday. Might buy some more if I take profits else where

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2 weeks 17 hours ago #125325 by Gambler
Gambler replied the topic: Golden Lake Exploration CSE:GLM
Awesome GB, I bought a good postiion. I see Vic Bradley and the Nevada project as very big positives

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2 weeks 3 days ago #125319 by GoldnBoy
GoldnBoy created the topic: Golden Lake Exploration CSE:GLM
Got ok from RonS to use some of his report to start this

Highlights:

Very low market capitalization
Top notch management and technical team
Jewel Ridge project, a great location in Nevada
Advance stage with over 300 historic drill holes
South Eureka zone has not had much drilling since 1980s with 50 shallow (average depth 47.5M)
Historic holes returning an average thickness of 17.1 meters assaying 1.16 g/t gold


Management

Michael B. England, CEO & President is an astute team builder and has been involved in the public markets since 1983. Since 1995, Mr. England has been directly involved with public companies in various roles, including investor relations, directorships and senior officer positions. To date, Mr. England has been directly responsible for raising in excess of $60-million for mineral exploration and acquisitions.

Vic Bradley, Chairman has more than 50 years experience in the mining industry, including more than 15 years with Cominco Ltd. and McIntyre Mines Ltd. in a wide variety of senior financial positions from Controller to COO. Over the past 30 years Vic has founded, financed and operated several mining and advanced stage exploration and development companies, including the original Yamana Gold Inc., Aura Minerals Inc. and Nevoro Inc. (sold to Starfield Resources). Vic founded the original Yamana in early 1994, and served as President and CEO and then Chairman of the Board and Lead Director until 2008. He served as Chairman of Osisko Mining Corp from November 2006 up to its sale for $4.1 billion to Agnico Eagle and Yamana in June, 2014.


Projects - Jewel Ridge, Nevada

Jewel Ridge is located on the south end of Nevada's prolific Battle Mountain - Eureka trend, strategically along strike and contiguous to the former Barrick Gold, two million gold ounce Archimedes/Ruby Hill mine to the north and Timberline Resources' advanced-stage Lookout Mountain project to the south. The property claims cover approximately 728 hectares (1800 acres). There is year around road access to the property and it is 3.2 km south of Eureka.

The Jewel Ridge property contains several historic small gold mines which align along a north-south-trending stratigraphic contact of Lower Paleozoic sedimentary rocks, as well as several other gold-mineralized zones with a variety of structural and lithological controls.



The South Eureka is the first priority drill target. It has 82 historic drill holes and 50 hit mineralization. The last drilling on this target was in the late 1980s and has not been drilled/explored since because tenure issues with the claims, which was resolved in 2012 with the purchase of 13 patented claims. This will be the first time in decades that this priority target will see modern exploration techniques and deeper drilling."
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