Monday, August 17, 2020

Gold in Golden Share

 Golden share is a multi-commodity, multi-project company with projects based in Ontario, Canada.

This company has intrigued my interest since it first received permitting and local community approval on its diamond potential play in early 2019. A raw, untouched project that is in need of its first drillhole. Since it has intrigued my interest, the need to look at all 3 other main projects was critical in looking at the cross-potential of the company.

Where the diamond project has maximum and unknown potential built into it, two of the other projects are in the right industry at the right time. Gold and Silver are hitting strong rallies in the market and the value of a single gram of Gold is now a significant $ figure. What if you have a few grams per tonne of gold in the ground? What if you have a dozen grams per tonne in the ground? I decided to do a bit of research on those two projects and the potential can be quantified a bit more than the diamond potential project  as they both have a long history.

What is that potential?

Beren's River -- Upwards of CAD$1 billion of AUEQ resource, hard asset, in the ground.

Here is a link to the blog page --- Beren's River Blog Article

Band-Ore -- Upwards of CAD$750 million AU resource, hard asset, in the ground with blue sky potential upwards of CAD$2+ billion in the ground.

Here is a link to the blog page -- Band-Ore Blog Article

Then of course the diamond project called Ogoki that brought me into this research phase. Potential is completely unknown with several hints that I have highlighted in the article below that raises the odds that the anomalies do in fact turnout to be kimberlite and possibly diamond-bearing.

That blog page can be found here -- Ogoki Blog Article

With 3 of the 4 projects highlighted to date. the bluesky potential could eventually lead up to CAD$5 billion of in the ground hard asset. 

Potential is not reality and reality does need the drilling. Drilling comes when the perceived value opportunity meets a market that rewards those value opportunities with financial commitment. Are we approaching that fork in the road?

In preparation for this heavy geology work, the company also brought another highly experience advisor to the company. This occurred only a week ago 

Here is the excerpt:

"Mr. Mackenzie (Mac) Watson has over 50 years’ experience in the exploration, development, and mining industry, and has been involved in the discovery of numerous mineral deposits in Quebec and Ontario. Mr. Watson was awarded Canada’s Prospector of the Year Award in 1991 for his contribution to the discovery of the Harker Holloway gold mine (Ontario), the Icon-Sullivan copper mine (Quebec), the Long Lake zinc mine (Ontario), the Ellison gold deposit (Quebec) and the Hebecourt copper deposit (Quebec); and again in 2010 for his contributions to the mineral discoveries in the Ring of Fire area of Northern Ontario. He was also awarded the Quebec Prospector of the Year Award in 1992 for his participation in the discovery of the Pusticamica and Verneuil gold deposits in Quebec. In 2015, Mr. Watson was inducted into the Canadian Mining Hall of Fame."

Here is the original news source -- New Appointment

Will the sun eventually shine on juniors that have been very patient throughout several years?

Only one more project to research. 

Tuesday, July 21, 2020

Golden Share winter prep

Golden Share - Winter preparation

Spent quite a  bit of time researching Golden Share and specifically the diamond project. They do also have a few other projects including a gold project.

Drill ready targets is really the underlying aspect of this company that is waiting for the perfect time.

The upcoming season would be ideal to get everything planned and set out for drilling on the frozen ground in January/February of 2021. 

The stock price is finally starting to recover and a nice rally is ensuing. 

If this can continue through and ahead of the fall..a flow through financing is really what is needed to get the drills turning. A flow through somewhere between 20 to 30 cents would be ideal.

With funding comes contracted out drilling. With drilling comes speculation and execution. With speculation comes further rally. With execution comes results. With results comes reality up or reality down for the share price. 

Let's bring on the Drill!