08:54:11 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 105,199,170
Close 2014-03-31 C$ 0.68
Market Cap C$ 71,535,436
Recent Sedar Documents

Lundin says buy Gold Standard

2014-04-01 15:55 ET - In the News

Brien Lundin, in the March, 2014, edition of the Gold Newsletter, says buy Gold Standard Ventures Corp., recently 69 cents. Mr. Lundin said buy Gold Standard four times between December, 2010, and September, 2013, at prices ranging from 61 cents to $1.64. Assuming a $1,000 investment for each of the four buys, the $4,000 position is now worth $3,142. The company has closed its acquisition of the Pinion gold deposit in Nevada. Pinion is directly south of Gold Standard's Railroad project. The vendor, Scorpio Gold Corp., has already received $6-million cash and 5.5 million shares. It will receive another $2.5-million cash and 1.25 million shares in one year, providing the resource at Pinion exceeds one million ounces. The newsletter editor says Pinion contains a historic gold resource of more than 840,000 ounces. The company plans to drill between 40 and 80 holes on Pinion, after which it will release an NI 43-101-compliant resource. Gold Standard sold an $11-million private placement of 13,888,890 units at 72 cents a unit to pay for the new property. Mr. Lundin says the acquisition is a great move for Gold Standard, which remains a buy.

© 2024 Canjex Publishing Ltd. All rights reserved.