16:45:26 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Gold Standard Ventures Corp
Symbol GSV
Shares Issued 83,720,109
Close 2012-12-18 C$ 1.34
Market Cap C$ 112,184,946
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Lundin says buy Gold Standard Ventures

2012-12-19 16:33 ET - In the News

Brien Lundin, in the November, 2012, edition of the Gold Newsletter, says buy Gold Standard Ventures Corp., recently $1.64. Mr. Lundin said buy in December, 2010, at 61 cents and in July, 2011, at $1.30. Assuming a $1,000 investment for each buy, the $2,000 position is now worth $3,949. Gold Standard has received approval from the Bureau of Land Management to explore 3,169 acres in its Railroad project along Nevada's Carlin trend. Mr. Lundin notes the company has already made a high-grade discovery on the project's North Bullion fault zone. Gold Standard has completed four holes at North Bullion in its current drill program, and it plans to continue drilling there with two rigs. The editor says the company has a good chance of outlining a substantial gold deposit at Railroad. Buy the stock near current price levels. Elsewhere in the newsletter, the gold bug says gold and silver exchange-traded funds are appropriate for trading during short-term dips and spikes, but they will not hold much value during a crisis. He adds, it would pay off to have physical gold and silver in your portfolios. As for equities, he says resource companies may provide big gains, but not soon. You need not hurry to buy them.

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