13:22:35 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 142,771,878
Close 2015-05-15 C$ 0.67
Market Cap C$ 95,657,158
Recent Sedar Documents

Lundin says hold Gold Standard

2015-05-15 18:41 ET - In the News

Brien Lundin, in the May, 2015, edition of the Gold Newsletter, says hold Gold Standard Ventures Corp., recently 55 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 $4,302. Gold Standard recently completed a 10,893-metre, phase II drilling program on its Railroad-Pinion gold project in Nevada. Mr. Lundin says that while the grades from the assays may seem low in comparison to other projects, they are well within the realm of economic grades for an open-pit project in Nevada. He also says the assays confirm that the Northwest Pinion target remains open to the northwest. Pinion currently has a gold resource of 423,000 ounces in the indicated category and 1.02 million ounces in the inferred category. Gold Standard also recently acquired the Dark Star deposit, which has a 375,000-ounce inferred gold resource. The company will soon begin a 6,000-metre drilling program at Pinion and Dark Star at a cost of $1.2-million. The newsletter editor concludes he will keep the stock at a hold and wait to see how the assays come back from the upcoming program.

© 2024 Canjex Publishing Ltd. All rights reserved.