07:52:27 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 142,771,878
Close 2015-03-16 C$ 0.51
Market Cap C$ 72,813,658
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Lundin says hold Gold Standard

2015-03-16 21:31 ET - In the News

Brien Lundin, in the March, 2015, edition of the Gold Newsletter, says hold Gold Standard Ventures Corp., recently 58 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 $4,536. The company recently completed an $8.9-million (U.S.) private placement by selling 19,032,000 shares at 47 U.S. cents a share. Mr. Lundin says the money allows Gold Standard to satisfy the balance it owes to Scorpio Gold Corp. for the Pinion gold deposit in Nevada. Gold Standard will use the rest of the money from the private placement for general corporate purposes and also to continue a drilling and exploration program at Pinion and its neighbouring Railroad project. Mr. Lundin says shareholders should begin seeing the fruits of Gold Standard's work later on this year. In the meantime, he says he will keep the company at a hold.

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