11:30:23 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 123,739,878
Close 2015-02-11 C$ 0.66
Market Cap C$ 81,668,319
Recent Sedar Documents

Lundin says hold Gold Standard

2015-02-11 19:10 ET - In the News

Brien Lundin, in the February, 2015, edition of the Gold Newsletter, says hold Gold Standard Ventures Corp., recently 47 cents. Mr. Lundin said buy Gold Standard six times between December, 2010, and November, 2014, at prices ranging from 55 cents to $1.64. Assuming a $1,000 investment for each of the six buys, the $6,000 position is now worth $3,676. The writer says the company is hunting for elephant-sized deposits on its Railroad and Pinion projects in the Carlin Trend area of Nevada. Gold Standard recently completed a phase 2 drilling program at Pinion with a goal of extending the known areas of mineralization along strike and at depth. The company drilled 10,893 metres over 44 holes. Mr. Lundin says some of the assays are encouraging, and he highlights hole 24, where the company drilled 19.8 metres of 0.44 gram per tonne gold. Gold Standard also recently halted its stock to announce a share offering of 17 million shares, price undetermined. Mr. Lundin says the company will use the money to pay the balance it owes to Scorpio Gold Corp. for the Pinion project, and to finance a phase 3 drilling program. The writer says he is moving Gold Standard to a hold until he learns about the pricing and other details of the upcoming share offering.

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