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If golds produced it changes everything..52 week lows like .13 and gold still at close to 1500 oz
Should be mining soon...Fridays News!!
http://finance.yahoo.com/news/goff-corp-subsidiary-golden-glory-151145028.html
MEDELLIN, Colombia, April 19, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Goff Corporation's ("Goff" or "the Company") (GOFF) wholly owned subsidiary Golden Glory Resources S.A. reports the Company is evaluating plans to establish gold production on its Gavia Gold Project in Marmato Mining District, Colombia during 2013 using a small-scale production mill in order to target high grade gold.
In evaluating the leases, which are located in the highly prospective Caldas gold region, the Company's geological and in country teams are suggesting that it may be viable to establish a small scale gold mining and production mill operation for a relatively small budget, but with significant potential payback.
Company President Warwick Calasse states, "The idea of putting in a gold mining and production mill operation on the Gavia Gold Project is being forwarded for several reasons; foremost because of the high grade, near surface gold potential that comes from veins and channels already worked by artisanal miners on the property which could put Goff Corporation and Golden Glory Resources immediately into the gold producer category. But alongside the potential revenue from gold that would help offset exploration and drilling costs, the results from this simple mining approach would provide us with significant additional data on the concession. This could help speed the exploration process at Gavia and strengthen our value there."
Previous drilling has been carried out on the Gavia Property and revealed gold grades averaging about 1 gram per ton. Extensive underground tunnel sampling carried out 50 meters below the surface has outlined a stockwork system of quartz-sericite veins and veinlets at least 100 meters wide and open in three areas. Based on sampling results, it appeared to average between 2.2-4.5g/t gold, and much higher (more than 10 grams per ton gold) if known bonanza zones were included.
Historical data indicates the Gavia Property has gold potential of over 20 million ounces contained, based on mapping, soil samples and existing tunnels.
The Company's geological and in country teams have begun the task of preparing for ground exploration and are using a model developed for use on a similar project in the Marmato Mining region to derive a costs basis and production work plan for the small scale mining and milling operation.
"One final note, as I noted above that we are looking for metal stocks with squeeze potential, the company fits the bill with 32% of the daily trading volume short. If the positive news keeps coming in, the stock may have a wild run with the short covering giving the shares a boost".
http://seekingalpha.com/article/1345761-metal-stocks-with-short-squeeze-potential?source=yahoo
Seeking Alpha
Easy Big Thunder
News.
I bought 3500 shares today at .34 hope it bounces back...and folks chase tomorrow!
Wow I just finished looking at all the companies they own and I have takin many of their products! Very cool real company.
Green close.
Volume sucks!
So thin...volume push's this to 6's easy
Lets get it on!!!
I said high 6's yesterday & I'm stickin with it.
If you made and held yesterday...stay strong!!...today is easy $
Whatcha guys thinking...high 6's is my call!!
Man if we had news!!
Bounced off .054 three times...look to see high 6's tomorrow.
Nice and steady...lets fill those gaps on the back up!!
F it I have $700 left just gonna hold...lost 2G's so far!!
Slaughter!!....got to hold
News in the morning could turn this around...
Shorts could burn if huge news drops Monday.
Look for end of day covering!
Lets see if she consolidates here..and hope for some news on Monday.
I need to see some green..bought a G worth at .072 today...gives me a total of 185k..I'm down 33-35 percent..I'm holding steady.
Gap Attack!!
Settin it up for contract news.
Who cares if its scam...just trade it for gains.
Should be a decent finish here
Nice base at .015
Scratch that .018
Lets have guess's for tomorrow?
I say .017
With volume.. She goes!!
Still Cheap??
All that volume yesterday...and today nothing
I'll grab some .0003's
Never mind..playin games here
100k left on ask
If they want some they need to buy .0004's
Glad to see you here GEM!!