Durango reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario
LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.”
You are so right. I was holding onto cqx in my TFSA because it had dropped too low to sell without the benefit of a taxable loss and I looked at my TFSA account this morning just in time to see it sitting at $.40. I sold my shares ad actually made a profit of 20% from my original buy.
I was just hoping that at some point I could get my original investment back and then -wham - one good news release (not outstanding in my mind) and the stock shot up 500%.
It has now settled back to about $.29-.30 which is still a great increase. GNH will hopefully see this kind of an increase if they keep doing what they are doing. Put out regular news releases with good results (and the one fantastic one recently) and build up to the release of a 43-101 that will hopefully be the launching pad for GNH to re-attain the market attention it had early on ad justifiably deserves now.