What a week it was in the “Heart of Gold” Camp, capped off by stunning new staking information just obtained by the BMR research team from the B.C. Ministry of Energy & Mines’ web site.
- Pretium Resources (PVG, TSX) reported its second-best drill intercept ever at its Valley of the Kings deposit – a staggering 37,117 g/t Au (1,309 ounces per tonne) over 0.5 m in hole VU-722 within a broader interval of 16 m grading 1,161 g/t Au (underground infill drilling);
- Walter Storm, a highly successful entrepreneur who cashed in big on Osisko, completed a strong launch of Tudor Gold (TUD, TSX-V) on the Venture Thursday after announcing Tudor had entered into agreements for the acquisition of a majority interest in 2 key properties including Treaty Creek near Seabridge Gold’s (SEA, TSX) KSM deposits to go along with its Mackie Property (qualifying transaction) near the southern border of Colorado Resources‘ (CXO, TSX-V) KingPin Property;
- And a prominent British Columbia mineral claims holder suddenly staked 80 sq. km in the district, contiguous to Colorado’s KSP western border and further south near ground held by CXO, Tudor and Teuton Resources (TUO, TSX-V).
What’s in store this week for an area where juniors are attracting rapidly increasing interest from investors as demonstrated by surging share prices, while larger companies are checking out the landscape?
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seems someone is keeping the price of LAD below .15??????????
Comment by brian — May 16, 2016 @ 7:06 am
Look at the chart, Brian…that’s where there is near-term resistance…
Comment by Jon - BMR — May 16, 2016 @ 7:09 am