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Any reading ideas on the chart?
Chang
we came alive and died again. oh well.
Chang
anyone analyzed this chart? always a pattern on metals? what about this one?
Chang
For the week: -10.00%
The downward grind does have that effect.
well, i have lapsed into a coma here. Maybe its time for the gold stocks to pick up pace with the metal price going forward here, I do not know. The gold miners have lagged against the metals price....perhaps now they may adjust and join in the bull market. Just a thought.
Chang
+7.5% is the scorecard for the week...
opened at .02 this morning !! Then went right up to .04-.045
Chang
Seemingly, this technical area is a buy point... the market will tell us.
My friends, for the week: -6%
Happens alot to stocks, they run up and return to the same price they started from. Chart looks bullish still.....I am holding.
Chang
Can't believe this fell back to a nickel.
Holding in there, ....got more upside potential...
Chang
I would like to see this get above .11 cents and onto .15 cents plus...Chang
Nice performance today. Good volume, nice easy pace....would like to see it get above .11 cents on its way to .15 cents and then see how the charts look.....LNXGF is awake and lets keep it that way. Hiedo Ho and Away we go. CHANG
+23% today... yyyeeeeeeeesssssssssssssss... finally!!!
yes...yes...and on good volume. My chart says .15 cents ...or about. I go day to day on my charting. CHANG
On Pinks I like to look at the weekly chart first, then daily. The weekly chart looks really good here, its ready to breakout...also volume last week was much higher than usual.....this may play catchup to other golds, or be on its own...
Chang
Cup formed and now handle is made......holding on.
Chang
+13% for the week...
True. Hope it plays catch up soon. Maybe.
Honestly, this one is really lagging the gold sector by quite a bit.
Cup and Handle formation.....now the handle is made.....looking good on the charts......Chang
Company is offering 3 mil new shares at .05 to raise $150k....
NICE "saucer" form on daily chart !!! Chang
For the week up 9%... we need news...
I have owned LNXGF for a very long time....whats wrong with this stock now? Why is it acting so poorly?? TraderChang
No news since March... they need to talk more...
Futures
I have held this for a long time. I do hope that the stakes they have will have excellent results when they get in and finally start digging.
This explorer deserves some luck...
LINUX GOLD CORP. ANNOUNCES COMPLETION OF MINING AGREEMENT
2/26/2010 9:30 AM ET
http://www.integratir.com/newsrelease.asp?news=2131023193&ticker=LNXGF&lang=EN&title=null
For Immediate Release: February 26, 2010, Fairbanks, Alaska – Linux Gold Corp. (LNXGF - OTCBB), is pleased to announce the signing of a mining agreement for certain unpatented mining claims recorded as the Trout Claims, located in the Fairbanks recording district, State of Alaska.
Terms and Conditions of the lease:
• Five year term
• Initial payment of $1,500 upon signing
• minimum expenditures of $10,000 per year
• payments - Year 1 - $5,000; Year 2 - $10,000; Year 3 - $15,000 plus 10,000 shares of Linux Gold Corp.; Year 4 - $15,000 plus 50,000 shares of Linux Gold Corp.; Year 5 - In consideration for a 100% interest in the claims, $500,000 and $500,000 worth of Linux Gold Corp. shares.
The Trout Claims are located in the western edge of the Livengood quadrangle approximately 70 miles northwest of Fairbanks, Alaska. The Trout claims are underlain by the geochemically reduced, magnetically subdued, Wolverine Mountain intrusive complex, which is the same age as the Fort Knox, Pogo, Livengood, and other important gold-bearing intrusions in the Tintina Gold Province. Past productive placer gold deposits occur immediately downstream from the Trout Claims held by Linux. The junior company International Tower Hill Mines Ltd. (ITH) has calculated Ni 43-101 compliant resources of 12.5 million ounces gold at a 0.5 g/t gold cutoff at their Money Knob deposit in the Livengood mining district, which is approximately 30 miles east of the Trout Claims.
Linux Gold will be announcing an exploration program this spring on the Trout Claims.
QUALIFIED PERSON
The mineral data described above was prepared by Thomas K. Bundtzen, P. Geo., BS, MS, CPG-10912, ABSLN#279639, President of Pacific Rim Geological Consulting, Inc., of Fairbanks, Alaska, who is independent of the Company as defined in NI 43-101. Bundtzen is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists (AIPG). Bundtzen is a Qualified Person as defined in NI 43-101 and also qualifies under the rules stated by the U.S. Securities and Exchange Commission (“SEC”), and has verified the data contained in this news release for accuracy.
ABOUT LINUX GOLD CORP.
Linux Gold Corp. is involved in the exploration of mineral properties. Our current plans are to joint venture and explore our gold properties in Alaska. Linux Gold Corporation currently owns mining claims near Granite Mountain and on Dime Creek both located in the eastern Seward Peninsula of Alaska. Linux Gold Corp. also owns a 50% interest in 30 mineral claims known as the Fish Creek Prospect, located in the Fairbanks Mining Division in Alaska and has optioned a 50% interest in the Fish Creek claims to Teryl Resources Corp. (TRC-V). Linux is retaining a 5% net smelter return or may convert into a 25% working interest. Linux has also staked mineral exploration claims in the Livengood-Tolovana Mining District, in the State of Alaska near International Tower Hill’s gold property (Symbol: ITH). The Dime Creek property is a historic producer of placer gold and platinum. Further exploration, including drilling, is recommended for Dime Creek in 2010.
For more information please visit www.linuxgoldcorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
“John Robertson”
John Robertson
President
Contact: John Robertson
800-665-4616
According to this release, I gather that they will drill... I do not know exactly when.
http://www.integratir.com/newsrelease.asp?news=2131022864&ticker=LNXGF&lang=EN&title=null
Are these guys going to start drilling some holes to see what they got?
Volume has dropped considerably but the price is holding at the moment...
Daily and weekly trends are still in force - onward and upward!
And so the up move continues... a little iffy today but...
Overall uptrend remains in force...
I only gt a little but I may still add I have a lot of small ones.
Little by little since the 2 cent December low, this has stock has quietly more than tripled...
I agree I wish I had more oh well mybe there is still time.
I think it will... reversal day plus bounce off the MA200 and up against apparent resistance at 7 cents... of course, all this on >6X average volume...
gordito
Some decent moveing today. Good volume. Wish it would continue!!
Are you buying here?
Are you buying here?
Looks good may have to get some.
Linux Gold Corp. Hires Top Public Relations Firm
Jun 3, 2009 9:20:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesVANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 06/03/09 -- Linux Gold Corp. (the "Company") (OTCBB: LNXGF), today announced that it has retained New York City-based Makovsky & Company as its investor relations counsel.
"Makovsky + Company's experience in working with small cap companies was a key factor in our decision to retain the firm," said John Robertson, President of Linux Gold. "Our company is at an important stage in its history as we anticipate a number of positive developments in the near future, making it imperative that we have a strong investor communications program in place. Makovsky will help guide our communications strategy and generate increased investor awareness for our company."
ABOUT LINUX GOLD CORP.
Linux Gold Corp. is involved in exploration of mineral properties. Our current plans are to joint venture and explore our gold properties in Alaska. Linux Gold Corp. owns 247 State of Alaska mining claims at several locations near Granite Mountain on the eastern Seward Peninsula of Alaska. Linux Gold Corp. owns 100% interest in the Dime Creek property in Alaska with gold and platinum values located in the Placer Creek, drilling is recommended this year. Linux Gold Corp. also owns a 50% interest in 30 mineral claims known as the Fish Creek Prospect, located in the Fairbanks Mining Division in Alaska. Linux Gold Corp. optioned a 50% interest in the Fish Creek claims to Teryl Resources Corp. (TRC-V), retaining a 5% net smelter return or may convert into a 25% working interest. Linux has also staked mineral exploration claims covering 6,400 acres in the Livengood-Tolovana Mining District, in the State of Alaska near International Tower Hill's gold property (Symbol: ITH).
ABOUT MAKOVSKY + COMPANY
Founded in 1979, Makovsky + Company (www.makovsky.com) is one of the nation's leading independent global public relations and investor relations consultancies, focused in financial services, professional services, health care, technology, branding and investor relations. The firm attributes its success to its original vision: that the Power of Specialized Thinking(TM) is the best way to build reputation, sales and fair valuation for a client. Based in New York City, the firm has agency partners in more than 20 countries and in 35 U.S. cities through IPREX (IPREX.com), the third largest worldwide public relations agency partnership, of which Makovsky is a founder.
For more information please visit www.linuxgoldcorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
READER ADVISORY
This news release may contain certain forward-looking statements, including management's assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some case materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.
Forward-looking statements contained in this press release are based on a number of assumptions that may prove to be incorrect, including, but not limited to: timely implementation of anticipated drilling and exploration programs; the successful completion of new development projects, planned expansions or other projects within the timelines anticipated; the accuracy of reserve and resource estimates, if any, grades, mine life and cash cost estimates; whether mineral resources can be developed; title to mineral properties; financing requirements; changes in laws, rules and regulations applicable to Linux, and changes in how they are interpreted and enforced, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, and the United States, industry conditions, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange, stock market volatility and market valuations of companies with respect to announced transactions. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in the Company's Financial Statements, Management Discussion and Analysis and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com, and the Company's 20-F annual report filed with the United States Securities and Exchange Commission at www.sec.gov. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom.
Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Contacts:
Linux Gold Corp.
John Robertson
604-278-5996 or 1-800-665-4616
604-278-3409 (FAX)
www.linuxgoldcorp.com
Makovsky + Company
Daniela Viola
212-508-9676
www.makovsky.com
BAM!!! Second piece of news within 3 days after nothing for over 1 year.
Linux Gold Corp. Announces Geological Report Received on Dime Creek Gold/Platinum Property in Alaska
May 5, 2009 9:15:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesVANCOUVER, BRITISH COLUMBIA -- (MARKET WIRE) -- 05/05/09 -- Linux Gold Corp. (OTCBB: LNXGF) is pleased to announce that Tom Bundtzen has completed a summary report, on the Dime Creek property, dated April 25, 2009.
Tom Bundtzen reports that the Dime Creek area is a historic producer of gold and platinum located in the eastern portion of the Seward Peninsula, within the Koyuk Mining District of Alaska. Examination of U.S. Mint production records and other sources indicate that Dime Creek has produced an estimated 40,000-to-61,000 ounces of gold from 1915 to 1955 - most of which was produced prior to 1952.
The summary report estimates one million cubic yards of auriferous pay remain in several defined areas within the Dime Creek basin. In addition, lode targets for platinum and possibly gold have been outlined by an auger soil survey carried out by past investigators and from historical notations in published literature. Additional data on platinum lode targets can be acquired with follow-up drilling concurrent with placer gold exploration and is a recommended course of action for future exploration work.
Linux Gold controls 12 contiguous State of Alaska mining claims centered along Dime Creek, as well as a large claim block to the north in the Granite Mountain Area. The Dime Creek claims encompass 1,920 acres of land, including most of the historically mined areas and the most prospective ground for locating additional placer resources. All claims are currently in good standing.
Placer Gold Resource Potential Areas, Dime Creek
---------------------------------------------------------------------------
Potential
Cubic Yards of
Estimated pay gravels
Exploration Areas to be Evaluated Placer Resource Size (rounded)
---------------------------------------------------------------------------
Previous Area Mined by hand 7,000 ft x 200 ft 210,000
and dredged x 4 ft
---------------------------------------------------------------------------
Previous Area mined by hand 2,500 ft x 150 ft x 2 ft 55,600
methods only
---------------------------------------------------------------------------
Bench Deposit South of Haycock 10,000 ft x 250 ft x 4 ft 370,000
---------------------------------------------------------------------------
Main Channel South of Haycock 10,000 ft x 250 ft x 4 ft 370,000
---------------------------------------------------------------------------
Eldorado Creek 4,000 ft x 200 ft by 4 ft 120,000
---------------------------------------------------------------------------
TOTAL NA 1,125,600
---------------------------------------------------------------------------
Recommendations For Development of Placer Gold Resource
The placer resource areas should be drill tested prior to any decisions to develop them. Placer ground in the upper portion of the basin above Haycock is relatively shallow (less than 20 feet) and drill-testing could be accomplished with a track-mounted auger drill similar to that used to conduct soil sampling in 2001.
A 100 hole, 3,000 foot drill program is recommended to begin the due diligence on the placer resource north of Haycock. This data could initiate production planning for the placer resource and open the door for a second phase of drilling in the following year south of Haycock.
Recommendations for Lode Resource Exploration
Exploration by previous operators in 2000-2001 located elevated PGE values within the Linux Gold claim block. These anomalies already define potential PGE-bearing lode drill targets for Linux Gold Corp. and should be initially tested by 2 to 4 drill holes. These test holes could be completed in conjunction with the placer resource exploration program.
Qualified Person: Mr. Tom Bundtzen, Certified Professional Geologist (CPG) #10912 with the American Institute of Professional Geologists, Alaska Business License #279639 - Geological and Technical Services, is the Qualified Person as defined by National Instrument 43-101 responsible for the accuracy of this news release.
ABOUT LINUX GOLD CORP.:
Linux Gold Corp. is involved in exploration of mineral properties. Our current plans are to joint venture and explore our gold properties in Alaska. Linux Gold Corp. owns 247 State of Alaska mining claims at several locations near Granite Mountain on the eastern Seward Peninsula of Alaska. Linux Gold Corp. also owns a 50% interest in 30 mineral claims known as the Fish Creek Prospect, located in the Fairbanks Mining Division in Alaska. Linux Gold Corp. optioned a 50% interest in the Fish Creek claims to Teryl Resources Corp. (TRC-V), retaining a 5% net smelter return or may convert into a 25% working interest. Linux has also staked mineral exploration claims covering 6,400 acres in the Livengood-Tolovana Mining District, in the State of Alaska.
For more information please visit www.linuxgoldcorp.com.
ON BEHALF OF THE BOARD OF DIRECTORS
John Robertson, President
READER ADVISORY
This news release may contain certain forward-looking statements, including management's assessment of future plans and operations, and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. There can be no assurance that such statements will prove accurate, and actual results and developments are likely to differ, in some cases materially, from those expressed or implied by the forward-looking statements contained in this press release. Readers of this press release are cautioned not to place undue reliance on any such forward-looking statements.
Forward-looking statements contained in this press release are based on a number of assumptions that may prove to be incorrect, including, but not limited to: timely implementation of anticipated drilling and exploration programs; the successful completion of new development projects, planned expansions or other projects within the timelines anticipated; the accuracy of reserve and resource estimates, if any, grades, mine life and cash cost estimates; whether mineral resources can be developed; title to mineral properties; financing requirements; changes in laws, rules and regulations applicable to Linux, and changes in how they are interpreted and enforced, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, and the United States, industry conditions, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange, stock market volatility and market valuations of companies with respect to announced transactions. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements, including those described in the Company's Financial Statements, Management Discussion and Analysis and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com, and the Company's 20-F annual report filed with the United States Securities and Exchange Commission at www.sec.gov. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive therefrom.
Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Contacts:
Linux Gold Corp.
John Robertson
800-665-4616
www.linuxgoldcorp.com
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LINUX GOLD CORP is involved in exploration of mineral properties. Our current plans are to joint venture and explore our gold properties in Alaska. Linux Gold Corp. owns 176 quarter sectors of State of Alaska mining claims at several locations near Granite Mountain on the eastern Seward Peninsula of Alaska. Linux Gold Corp. owns 100% interest in the Dime Creek property in Alaska with gold and platinum values located in the Placer Creek. Linux Gold Corp. also owns a 50% interest in 30 mineral claims known as the Fish Creek Prospect, located in the Fairbanks Mining Division in Alaska. Linux Gold Corp. optioned a 50% interest in the Fish Creek claims to Teryl Resources Corp. (TRC-V), retaining a 5% net smelter return or may convert into a 25% working interest. Linux has also staked mineral exploration claims covering 6,400 acres in the Livengood-Tolovana Mining District, in the State of Alaska near International Tower Hill's gold property (Symbol: ITH) |
Armed with two highly promising exploration properties in prolific mineral regions of Alaska, Linux Gold Corp. (OTC BB: LNXGF) is moving aggressively to develop both its Dime Creek Gold and Platinum Property near the Granite Mountain Project and the Fish Creek Prospect. "Our corporate goal is to focus on highly prospective properties that could become large producing mines," says Linux Gold President John Robertson. Linux Gold began exploring in Alaska's Seward Peninsula in 2005 and quickly staked mining claims in the Granite Mountain and Dime Creek area. Teck Cominco owns the world's largest zinc deposit some 180 miles to the north of the Granite Mountain and Dime Creek area where it has identified over $20 million worth of zinc reserves. Kinross Gold's Fort Knox mill, is located within six miles os Linux's Fish Creek Prospect. Kinross recently shared results of a geophysical survey that identified six gold targets on Linux's Fish Creek Prospect. Linux Gold's Alaskan properties show strong gold mineralization, as well as clear evidence of a wide range of other metals. The properties are near major deposits and operating mines and both have a history of placer and shallow hand mining. |
Linux Gold Corp. is a mineral resource company with a mandate to develop mineral prospects that have potential to become large producing mines. The Company now has interests in several properties with this potential, including:
The Linux management team excels in negotiation and closure of corporate funding and property acquisitions. Linux looks forward to building a successful gold company and leveraging shareholders to the price of gold and other precious minerals. Linux believes the timing could not be better to fund and develop a gold company in light of the increase of the price of gold over the past few years. Corporate Highlights:
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