21:43:37 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 112,445,113
Close 2014-07-18 C$ 0.72
Market Cap C$ 80,960,481
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Lundin refreshes buy of Gold Standard

2014-07-21 18:23 ET - In the News

Brien Lundin, in the July, 2014, edition of the Gold Newsletter, refreshes his buy of Gold Standard Ventures Corp., recently 77 cents. Mr. Lundin said buy Gold Standard five times between December, 2010, and March, 2014, at prices ranging from 61 cents to $1.64. Assuming a $1,000 investment for each of the five buys, the $5,000 position is now worth $4,623. The company recently acquired the Pinion gold property in Nevada from Scorpio Gold Corp. Gold Standard could potentially generate up to three resource estimates in 2014: one for each of Pinion, Railroad and Bald Mountain, all in the Carlin trend of Nevada. Gold Standard has already started a 13-hole drilling program at Pinion, after which, according to Mr. Lundin, the company might establish that the property is a million-ounce gold deposit. The company also recently filed a shelf prospectus to raise up to $50-million in equity. The newsletter editor says that although the prospectus financing is considerably dilutive, he likes the idea because it shows that management has confidence in its properties. Mr. Lundin tells his readers that if they are looking to place a wager that the upcoming resource estimate from Pinion will be more than one million ounces, now is time to buy.

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