The Los filos Project borders Gleichen to the south!! If GRL can pull holes like this i will certainly have that Ferrari! gold continues to reach for 1200 .. 1195 tonight! Los Filos Exploration drilling at Los Filos in 2009 focused on drilling the Bermejal extension to the south and on adding reserves in the […]
Gold looks to be closing at or near 1150 for the week … very good sign .. GRL is holding strong at 1.25 and NES.h is filling in nice and solid at the close at .40 to .41 bid .. waiting on TML assays, stock is holding at .40 aslo..looks like we may have a […]
all of a sudden i dont have enough!! NES.H Lundin, Lukas Henrik Direct Ownership Common Shares 10 – Acquisition in the public market 63,000 .400 Lundin, Lukas Henrik Direct Ownership Common Shares 10 – Acquisition in the public market 24,000 .400 Lundin, Lukas Henrik Direct Ownership Common Shares 10 – Acquisition in the public market […]
Two-Step Strategy to Making a Fortune in Gold Everything is in place for gold. And as gold makes incrementally new highs and rebounds from the eventual and unexpected corrections, there will be more opportunity. But at this stage in gold’s run, there’s a simple two step strategy to make a fortune in gold in the […]
17th November 2009 TORONTO (miningweekly.com) – TSX Venture Exchange-listed Gleichen Resources has completed its acquisition of 78,8% of the Morelos gold project, in Mexico, from diversified miner Teck Resources, the companies announced on Tuesday. In a transaction first announced in August, Gleichen paid $150-million in cash, about 1,6-million in shares and 12,4-million special warrants, which, […]
Gleichen Resources closes $241.5-million financing Ticker Symbol: C:GRL Gleichen Resources closes $241.5-million financing Gleichen Resources Ltd (C:GRL) Shares Issued 29,763,380 Last Close 11/12/2009 $1.26 Thursday November 12 2009 – News Release Mr. Michael Murphy reports GLEICHEN COMPLETES $241.5 MILLION FINANCING Gleichen Resources Ltd. has completed its previously announced financing to finance the acquisition of 78.8 […]
GOLD SPECULATION There was speculation last week that now Mineral Deposits Ltd was producing 160,000 ounces a year of gold from its Sabodala mine in Senegal, it was looking to make an acquisition. The talk was that it had settled on the Tasmanian gold producer Beaconsfield Gold NL using the 22 per cent BCD stake […]
they crossed 10 million shares off the floor today at 1.05 so as to not disturb the market.. very professional outfit the deal may close as soon as tomorrow which will give them 3 million ounces and a fully diluted cash position of over 125 million dollars!! countdown begins 3 .. 2 … 1… GLEICHEN […]
Finally the deal will proceed!.. i was getting worried there was no news for so long. We are up about 130 dollars on gold since the deal was announced. The financing will net 200 million less the 150 million to purchase the property we will have 50 million in cash plus about another 10 million […]
