Stock tip for the day...................
- Thread starter Mafesto
- Start date
Ford $18.65 and stilllll goingggggg 
Why didn't I buy more, more, more
Why didn't I buy more, more, more
i bought 100 tons of cardboard last month....its up over 2 cents a ton from what i paid for it...dang its going to be pricy trucking it to me though...
Here is what I have in my portfolio:
DOG
USO
C
F
PSQ
I have had F for almost 2 years, and C for a year. The majority of my portfolio is in Ford and USO which is an oil fund. PSQ and DOG are just to hedge my bet a bit. I am thinking about slowly selling some of my Ford shares....but they are still going strong.....but it has been a good ride getting to this point I just wish I would have put more into Ford.
DOG
USO
C
F
PSQ
I have had F for almost 2 years, and C for a year. The majority of my portfolio is in Ford and USO which is an oil fund. PSQ and DOG are just to hedge my bet a bit. I am thinking about slowly selling some of my Ford shares....but they are still going strong.....but it has been a good ride getting to this point
I just wish I would have put more into Ford.I have had the following in my fantasy picks since Feb 08...if only I had the $...
Apple
Ford
Harley-Davidson
Snap-on
GE
West Marine
Apple
Ford
Harley-Davidson
Snap-on
GE
West Marine
Golden Predator...drilling program starting soon in the Yukon in the Dawson district...its around 74 cents now...it will hit 6 to 8 bucks over this summer as long as gold holds its current value...they are drilling gold properties with extremely encouraging earlier results and in a new high yeild district...do your research on this company..currently a producer in the U.S..it is about to break into a major discovery next to a recent major discovery in the Dawson area..they just secured the Yukon Governments top geologist of 20 years..a person doesn;t quit the Government with the huge pensions and security a few years away unless they are onto something extremly promising...gold stocks on drilling results are very very explosive..there groundwork is second to none for potential...its very very speculative...but as well liquidity is good at this established share price so the downside is minimal as there price now is held by current strengths...
the claims office got caught off guard...Golden predator bought all 44 thousand claim tags..lol..it was three weeks wait for them to get back tags in stock...Golden Predator is the only exploration company to have a drill program as big as theirs happening in the winter up here...good luck to ya..!!
GOLD PRED CORP(Other OTC: GPRXF.PK )
Last Trade: 1.0315
oh ya..good..oh well when it doubles sell half and keep the free money in for the big ride...
keep an eye one this one...she is at 90 cents
Victoria Gold proposes new mine
Wednesday January 5, 2011
By John Thompson
Courtesy of Victoria Gold Corp.
A drilling operation on Victoria Gold’s Dublin Gulch property near Mayo. If Victoria Gold Corp. has its way, an open-pit gold mine will open near Mayo by 2013.
Last month the Toronto-based company submitted a proposal to the Yukon Environmental and Socio-economic Assessment Board to mine its Eagle Gold deposit. It’s part of Victoria Gold’s Dublin Gulch property, found 85 kilometres northeast of Mayo.
Eagle Gold deposit has an indicated resource of 2.7 million ounces of gold. The company reckons it’s sitting on enough paydirt to operate a mine for at least eight years.
And, as the company continues to make new finds with its drillwork at the site, “we think it’ll be there a lot longer,” said Chad Williams, Victoria Gold’s president and CEO.
If a mine materializes, it could employ up to 400 people. But that’s still far from a certainty, as the proposal must still wend its way through the territory’s regulatory system. Williams aims to see the project clear all hurdles over the next 18 months.
Victoria Gold plans to extract the gold by dousing giant piles of ore with cyanide. The method, called a heap leach, was used by the former Brewery Creek mine near Dawson City.
Much excitement has been generated over the past two years about new gold discoveries at the White Gold district near Dawson City and the Rau property near Keno City. But these finds, however promising, have several years of drillwork ahead of them before their gold resources are firmly sized-up.
Dublin Gulch, by comparison, is at a more advanced stage of exploration. The Eagle Gold deposit was first found about 25 years ago.
The slump in gold prices during the late 1990s put this work on hold under Victoria Gold’s predecessor. Skyrocketing gold prices have given the project new urgency.
An economic report prepared by Victoria Gold in the spring of 2010 foresaw production costs of $503 per ounce. As long as gold prices stay aloft – this week, the metal’s price floated at $1,380 per ounce – the company ought to enjoy fat profit margins.
If the project proceeds, “it’ll be the largest gold mine in the history of the Yukon,” said Williams. “There are no other gold deposits in the Yukon that come close to our size.”
For now, Victoria Gold is upgrading its camp, replacing tents with trailers and expanding the number of bunks to hold up to 100 people. This bigger, more permanent camp ought to help the company extend the length of its exploration programs, said Williams.
“Hopefully we can drill virtually year round. As you know, January and February aren’t the friendliest, weather-wise, up there. So it’ll be the best as humanly possible.”
Victoria Gold spent $5 million on exploration in 2010. This year’s exploration program will be “at least that,” said Williams, “perhaps substantially more.”
The proposed mine would cost $250 million. Part of that money would be raised through revenues from another mine owned by the company in Nevada.
Victoria Gold’s largest shareholder also has deep pockets. It’s Kinross, one of Canada’s biggest gold producers.
Other than permitting, the other big challenge the company faces is obtaining a “social licence,” as Williams calls it, from the Na-Cho Nyak Dun.
About one year ago, the company struck a memorandum of understanding with the First Nation. And last autumn, the company flew aboriginal elders to Kinross’ Fort Knox open-pit gold mine, located near Fairbanks, to show them what a modern-day gold mine looks like.
The two parties are now seeking to reach an impact-benefit agreement, which typically guarantees the First Nation a share of the jobs and profits.
Contact John Thompson at johnt@yukon-news.com.
Victoria Gold Announces 2011 Dublin Gulch Exploration Program
TORONTO, ONTARIO--(Marketwire - Feb. 28, 2011) - Victoria Gold Corporation (TSX VENTURE:VIT), the "Company" is pleased to announce a $9 million 2011 exploration program at Dublin Gulch, Yukon with Lyncorp Drilling Services of Calgary, AB currently on-site to initiate drilling.
The 2011 exploration program at the Company's 100% owned Dublin Gulch property, which includes our advanced-stage Eagle Gold Mine, will focus on:
Expanding the known limits the Eagle Gold deposit which is the subject of a positive NI 43-101 pre-feasibility study with a feasibility study currently underway;
Extensive exploration of the 10 kilometer (km) x 3 km Potato Hills Trend, including the Olive and Shamrock targets, which demonstrated promising drilling results from the Company's 2010 exploration program. The Potato Hills Trend remains open along strike and at depth;
Identifying new promising targets across the Dublin Gulch property which extends approximately 28 km x 15 km and remains largely unexplored.
The 2011 exploration drilling program will be in excess of 17,000 meters across more than 100 holes of diamond drill core and reverse-circulation drilling at Dublin Gulch.
"Victoria's strong cash position enables us to move forward with our most ambitious exploration program to date at Dublin Gulch. In addition to being our largest budget, our drilling will begin 3 months earlier than the traditional Yukon field season supported by our new 100 person all season camp" commented Mr. John McConnell, President and Chief Executive Officer of Victoria Gold. "The comprehensive 2011 exploration program at Dublin Gulch is aimed at bulking up local and regional geological targets as we advance the Eagle Gold deposit through feasibility and early development this year."
About Dublin Gulch – Eagle Gold Project
The Dublin Gulch property, situated in the Mayo Mining District of Yukon Territory, covers a large area of 28 km by 15 km and contains the Eagle Gold Deposit which hosts a National Instrument 43-101 compliant Probable Reserve of 1,751,000 ounces of gold contained in 66,141,000 tonnes of ore grading 0.823 g/t calculated at a gold price of $900/oz. In March 2010, Victoria released the results of the Preliminary Feasibility Assessment at Eagle, the study indicated a pre-tax Net Present Value of C$115 million (5% discount rate), with the project producing greater than 170,000 ounces per year at a cash cost of US$464 per ounce.
The technical content of this news release has been reviewed as accurate by Ted Wilton, Vice President of Exploration, Victoria Gold Corp., as the Qualified Person.
About Victoria
Victoria is a high-growth gold company with a focus on adding value per share through efficient exploration, project development, and accretive acquisitions. Maintaining a low risk profile through project diversification, sound financial management, and operating in secure jurisdictions are key priorities for Victoria's management team. Victoria currently holds approximately Cdn$26 million in unrestricted cash and cash equivalents.
Cautionary Language and Forward-Looking Statements
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, anticipated dates for the completion of work performed by external consultants, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.
This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Victoria Gold Corp.
Katie Fedorowicz, MBA
Investor Relations Coordinator
416-866-8800 Ext. 226
416-866-8801 (FAX)
kfedorowicz@vitgoldcorp.com
www.vitgoldcorp.com
Victoria Gold proposes new mine
Wednesday January 5, 2011
By John Thompson
Courtesy of Victoria Gold Corp.
A drilling operation on Victoria Gold’s Dublin Gulch property near Mayo. If Victoria Gold Corp. has its way, an open-pit gold mine will open near Mayo by 2013.
Last month the Toronto-based company submitted a proposal to the Yukon Environmental and Socio-economic Assessment Board to mine its Eagle Gold deposit. It’s part of Victoria Gold’s Dublin Gulch property, found 85 kilometres northeast of Mayo.
Eagle Gold deposit has an indicated resource of 2.7 million ounces of gold. The company reckons it’s sitting on enough paydirt to operate a mine for at least eight years.
And, as the company continues to make new finds with its drillwork at the site, “we think it’ll be there a lot longer,” said Chad Williams, Victoria Gold’s president and CEO.
If a mine materializes, it could employ up to 400 people. But that’s still far from a certainty, as the proposal must still wend its way through the territory’s regulatory system. Williams aims to see the project clear all hurdles over the next 18 months.
Victoria Gold plans to extract the gold by dousing giant piles of ore with cyanide. The method, called a heap leach, was used by the former Brewery Creek mine near Dawson City.
Much excitement has been generated over the past two years about new gold discoveries at the White Gold district near Dawson City and the Rau property near Keno City. But these finds, however promising, have several years of drillwork ahead of them before their gold resources are firmly sized-up.
Dublin Gulch, by comparison, is at a more advanced stage of exploration. The Eagle Gold deposit was first found about 25 years ago.
The slump in gold prices during the late 1990s put this work on hold under Victoria Gold’s predecessor. Skyrocketing gold prices have given the project new urgency.
An economic report prepared by Victoria Gold in the spring of 2010 foresaw production costs of $503 per ounce. As long as gold prices stay aloft – this week, the metal’s price floated at $1,380 per ounce – the company ought to enjoy fat profit margins.
If the project proceeds, “it’ll be the largest gold mine in the history of the Yukon,” said Williams. “There are no other gold deposits in the Yukon that come close to our size.”
For now, Victoria Gold is upgrading its camp, replacing tents with trailers and expanding the number of bunks to hold up to 100 people. This bigger, more permanent camp ought to help the company extend the length of its exploration programs, said Williams.
“Hopefully we can drill virtually year round. As you know, January and February aren’t the friendliest, weather-wise, up there. So it’ll be the best as humanly possible.”
Victoria Gold spent $5 million on exploration in 2010. This year’s exploration program will be “at least that,” said Williams, “perhaps substantially more.”
The proposed mine would cost $250 million. Part of that money would be raised through revenues from another mine owned by the company in Nevada.
Victoria Gold’s largest shareholder also has deep pockets. It’s Kinross, one of Canada’s biggest gold producers.
Other than permitting, the other big challenge the company faces is obtaining a “social licence,” as Williams calls it, from the Na-Cho Nyak Dun.
About one year ago, the company struck a memorandum of understanding with the First Nation. And last autumn, the company flew aboriginal elders to Kinross’ Fort Knox open-pit gold mine, located near Fairbanks, to show them what a modern-day gold mine looks like.
The two parties are now seeking to reach an impact-benefit agreement, which typically guarantees the First Nation a share of the jobs and profits.
Contact John Thompson at johnt@yukon-news.com.
Victoria Gold Announces 2011 Dublin Gulch Exploration Program
TORONTO, ONTARIO--(Marketwire - Feb. 28, 2011) - Victoria Gold Corporation (TSX VENTURE:VIT), the "Company" is pleased to announce a $9 million 2011 exploration program at Dublin Gulch, Yukon with Lyncorp Drilling Services of Calgary, AB currently on-site to initiate drilling.
The 2011 exploration program at the Company's 100% owned Dublin Gulch property, which includes our advanced-stage Eagle Gold Mine, will focus on:
Expanding the known limits the Eagle Gold deposit which is the subject of a positive NI 43-101 pre-feasibility study with a feasibility study currently underway;
Extensive exploration of the 10 kilometer (km) x 3 km Potato Hills Trend, including the Olive and Shamrock targets, which demonstrated promising drilling results from the Company's 2010 exploration program. The Potato Hills Trend remains open along strike and at depth;
Identifying new promising targets across the Dublin Gulch property which extends approximately 28 km x 15 km and remains largely unexplored.
The 2011 exploration drilling program will be in excess of 17,000 meters across more than 100 holes of diamond drill core and reverse-circulation drilling at Dublin Gulch.
"Victoria's strong cash position enables us to move forward with our most ambitious exploration program to date at Dublin Gulch. In addition to being our largest budget, our drilling will begin 3 months earlier than the traditional Yukon field season supported by our new 100 person all season camp" commented Mr. John McConnell, President and Chief Executive Officer of Victoria Gold. "The comprehensive 2011 exploration program at Dublin Gulch is aimed at bulking up local and regional geological targets as we advance the Eagle Gold deposit through feasibility and early development this year."
About Dublin Gulch – Eagle Gold Project
The Dublin Gulch property, situated in the Mayo Mining District of Yukon Territory, covers a large area of 28 km by 15 km and contains the Eagle Gold Deposit which hosts a National Instrument 43-101 compliant Probable Reserve of 1,751,000 ounces of gold contained in 66,141,000 tonnes of ore grading 0.823 g/t calculated at a gold price of $900/oz. In March 2010, Victoria released the results of the Preliminary Feasibility Assessment at Eagle, the study indicated a pre-tax Net Present Value of C$115 million (5% discount rate), with the project producing greater than 170,000 ounces per year at a cash cost of US$464 per ounce.
The technical content of this news release has been reviewed as accurate by Ted Wilton, Vice President of Exploration, Victoria Gold Corp., as the Qualified Person.
About Victoria
Victoria is a high-growth gold company with a focus on adding value per share through efficient exploration, project development, and accretive acquisitions. Maintaining a low risk profile through project diversification, sound financial management, and operating in secure jurisdictions are key priorities for Victoria's management team. Victoria currently holds approximately Cdn$26 million in unrestricted cash and cash equivalents.
Cautionary Language and Forward-Looking Statements
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this discussion, other than statements of historical facts, that address future exploration drilling, exploration activities, anticipated metal production, anticipated dates for the completion of work performed by external consultants, internal rate of return, estimated ore grades, commencement of production estimates and projected exploration and capital expenditures (including costs and other estimates upon which such projections are based) and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include metal prices, exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Accordingly, readers should not place undue reliance on forward-looking statements.
This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.
Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact
Victoria Gold Corp.
Katie Fedorowicz, MBA
Investor Relations Coordinator
416-866-8800 Ext. 226
416-866-8801 (FAX)
kfedorowicz@vitgoldcorp.com
www.vitgoldcorp.com
GPD - Golden Predator Corp. (CVE)
1.13 +0.07 (6.60%) 7 Apr 3:59pm ET
(%)
Open: 1.07
High: 1.27
Low: 1.06
Volume: 1,547,939
Avg Vol: 0
Mkt Cap: 121.39M
Disclaimer
1.13 +0.07 (6.60%) 7 Apr 3:59pm ET
(%)
Open: 1.07
High: 1.27
Low: 1.06
Volume: 1,547,939
Avg Vol: 0
Mkt Cap: 121.39M
Disclaimer
Golden Predator Corp. (CVE)
1.20 +0.15 (14.29%) 26 Apr 3:59pm ET
Open:
1.08
High:
1.38
Low:
1.07
Volume:
3,609,208
Avg Vol:
0
Mkt Cap:
128.90M
1.20 +0.15 (14.29%) 26 Apr 3:59pm ET
Open:
1.08
High:
1.38
Low:
1.07
Volume:
3,609,208
Avg Vol:
0
Mkt Cap:
128.90M
GPD - Golden Predator Corp. (CVE)
1.32 +0.05 (3.94%) 29 Apr 3:59pm ET
Open:
1.27
High:
1.32
Low:
1.24
Volume:
354,882
Avg Vol:
0
Mkt Cap:
141.80M
hey guys...copper is near record highs and is expected to soar...Barrick which is the gold experts has recently spent 7 billion toward copper property purchases...overall copper is to be the so called "new Gold"...anyway there is lots of very very rich copper properties in junior hands...one real promising prosect is Western Copper...a huge and very very rich property in the Carmacks area Yukon..BUT have been having problem getting their water licence for their mining proposal...but they will get it sooner or later..they tried court action to get their permit but failed so they do have to modify their proposal..they have a significant gold reserve in with the copper as well...they are well worth RESEARCHING and then following closly...if they get the go ahead their stock is a winner
1.32 +0.05 (3.94%) 29 Apr 3:59pm ET
Open:
1.27
High:
1.32
Low:
1.24
Volume:
354,882
Avg Vol:
0
Mkt Cap:
141.80M
hey guys...copper is near record highs and is expected to soar...Barrick which is the gold experts has recently spent 7 billion toward copper property purchases...overall copper is to be the so called "new Gold"...anyway there is lots of very very rich copper properties in junior hands...one real promising prosect is Western Copper...a huge and very very rich property in the Carmacks area Yukon..BUT have been having problem getting their water licence for their mining proposal...but they will get it sooner or later..they tried court action to get their permit but failed so they do have to modify their proposal..they have a significant gold reserve in with the copper as well...they are well worth RESEARCHING and then following closly...if they get the go ahead their stock is a winner
Manfesto,
Well the recent stock option is possibly a reason they are at a low price...often they let a stock sag to line their pockets by allowing them a lower option price..??
I don;t know their drilling schedule from their last set of fifteen holes which were good,i went to their web site and could not find out if they are still drilling..?
They talk about a production schedule in 2012 on their web site,so i would check with them to see if more drilling to come and from the info at the end of my post you can see they have quite a investment schedule in the fall but those big guys like to get in a the bottom as well...lol..so i don;t know if it will stay in this area or if the company will let it have a spurt to bring in the investors in the fall at an elevated price..??
But if no more drilling results to come i can;t see it moving on no news unless they are going to push it on their resourse estimate and planned production..???
Victoria Announces Grant of Stock Options
Thursday, May 19, 2011
May 19, 2011 – Toronto, ON - Victoria Gold Corp. (VIT.TSX-V)- The Board of Directors of Victoria Gold Corp. (the “Company”) has granted 325,000 options to employees and a consultant of the Company, in each case under the stock option plan of the Company which was approved by shareholders on August 19, 2010. The options will vest over an 18-month period, have an exercise price of $0.74 and are exercisable for a period of five years from the date of the grant
Events Calendar
Upcoming Investor Presentations:
August 18, 2011
Victoria Gold Corp will be holding their Annual and Special Meeting in Whitehorse, Yukon at the BW Gold Rush Inn at 10:00am PST.
September 11-13, 2011
Victoria will be attending the Rodman & Renshaw Mining Conference being held at the Waldort Historia hotel in New York, NY.
September 15-16, 2011
Victoria will be attending the Toronto Resource Investment Conference being held at the Sheraton in Toronto.
September 18-21, 2011
Victoria will be attending the Denver Gold Show being held at the Broadmoor Hotel and Resort in Colorado, Springs.
November 27-28, 2011
Victoria will be attending the San Francisco Hard Assets Investment Conference being held at the Marriott Marquis
Golden Predator has added two more drills on their property with their unplanned and unscheduled increase in drilling in another round so once the stock reacts to the drilling just before the end of the program and prior and shortly after the results the stock will probably float on no more news till the next phase...just my guess..??
NEWS RELEASE TSX: GPD MAY 31, 2011 NR 11-20 www.goldenpredator.com
Golden Predator Triples 2011 Budget, Adds Second Drill, and Plans for Third at
Brewery Creek Project, Yukon
Vancouver, British Columbia — May 31, 2011: Golden Predator Corp. (TSX: GPD) (the “Company”) is pleased to announce that it has tripled its 2011 budget at its Brewery Creek Project to $6 MM. The Company made the decision to increase its Brewery Creek budget following the promising discoveries of its 2010-2011 drill programs at the newly-discovered Bohemian and Schooner Zones, and the identification of a number of high-priority drill targets by an airborne geophysical survey completed in May 2011.(1)
As part of the increased budget, the Company has secured a second diamond drill rig for Brewery Creek, to intensify the ongoing drill program. This second rig will focus on targets recently identified by airborne survey along trend on the eastern portion of the property, where only limited exploration has occurred in the past. A third rig has been scheduled to begin at the Project in mid June, which will be a truck-mounted RC (reverse circulation) rig.
The addition of a second diamond drill rig and an RC rig will allow the Company to rapidly assess and delineate the Bohemian and Schooner Zone discoveries, while simultaneously conducting aggressive exploration on several other high priority targets on the 187 km2 Brewery Creek property.
Well the recent stock option is possibly a reason they are at a low price...often they let a stock sag to line their pockets by allowing them a lower option price..??
I don;t know their drilling schedule from their last set of fifteen holes which were good,i went to their web site and could not find out if they are still drilling..?
They talk about a production schedule in 2012 on their web site,so i would check with them to see if more drilling to come and from the info at the end of my post you can see they have quite a investment schedule in the fall but those big guys like to get in a the bottom as well...lol..so i don;t know if it will stay in this area or if the company will let it have a spurt to bring in the investors in the fall at an elevated price..??
But if no more drilling results to come i can;t see it moving on no news unless they are going to push it on their resourse estimate and planned production..???
Victoria Announces Grant of Stock Options
Thursday, May 19, 2011
May 19, 2011 – Toronto, ON - Victoria Gold Corp. (VIT.TSX-V)- The Board of Directors of Victoria Gold Corp. (the “Company”) has granted 325,000 options to employees and a consultant of the Company, in each case under the stock option plan of the Company which was approved by shareholders on August 19, 2010. The options will vest over an 18-month period, have an exercise price of $0.74 and are exercisable for a period of five years from the date of the grant
Events Calendar
Upcoming Investor Presentations:
August 18, 2011
Victoria Gold Corp will be holding their Annual and Special Meeting in Whitehorse, Yukon at the BW Gold Rush Inn at 10:00am PST.
September 11-13, 2011
Victoria will be attending the Rodman & Renshaw Mining Conference being held at the Waldort Historia hotel in New York, NY.
September 15-16, 2011
Victoria will be attending the Toronto Resource Investment Conference being held at the Sheraton in Toronto.
September 18-21, 2011
Victoria will be attending the Denver Gold Show being held at the Broadmoor Hotel and Resort in Colorado, Springs.
November 27-28, 2011
Victoria will be attending the San Francisco Hard Assets Investment Conference being held at the Marriott Marquis
Golden Predator has added two more drills on their property with their unplanned and unscheduled increase in drilling in another round so once the stock reacts to the drilling just before the end of the program and prior and shortly after the results the stock will probably float on no more news till the next phase...just my guess..??
NEWS RELEASE TSX: GPD MAY 31, 2011 NR 11-20 www.goldenpredator.com
Golden Predator Triples 2011 Budget, Adds Second Drill, and Plans for Third at
Brewery Creek Project, Yukon
Vancouver, British Columbia — May 31, 2011: Golden Predator Corp. (TSX: GPD) (the “Company”) is pleased to announce that it has tripled its 2011 budget at its Brewery Creek Project to $6 MM. The Company made the decision to increase its Brewery Creek budget following the promising discoveries of its 2010-2011 drill programs at the newly-discovered Bohemian and Schooner Zones, and the identification of a number of high-priority drill targets by an airborne geophysical survey completed in May 2011.(1)
As part of the increased budget, the Company has secured a second diamond drill rig for Brewery Creek, to intensify the ongoing drill program. This second rig will focus on targets recently identified by airborne survey along trend on the eastern portion of the property, where only limited exploration has occurred in the past. A third rig has been scheduled to begin at the Project in mid June, which will be a truck-mounted RC (reverse circulation) rig.
The addition of a second diamond drill rig and an RC rig will allow the Company to rapidly assess and delineate the Bohemian and Schooner Zone discoveries, while simultaneously conducting aggressive exploration on several other high priority targets on the 187 km2 Brewery Creek property.
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