Replies to post #12347 on North Springs Resources Corp. (NSRS)

[Roo5guy]

Maybe they shouldn't be trading/investing then....teach peps to do some DD before putting their money into, probably , one of the most dangerous of all pennies

..GLTA

[bigroller1]

You're right - you should tell the newcomers that NSRs consists of 5 projects and only one project alone 100 million ounces of gold was about 250 billion dollars worth - read this:


The Edum Banso Gold Project concession covers 20.60 km2 (5,100 acres) located approximately 35 km (21 miles) northwest of city of Takoradi in the southeastern portion of Ghana's historic

Ashanti Gold Belt, which is estimated to contain over 100 Moz. of gold within 60 miles of the property. The concession is situated less than one mile from the border of the HBB Father Brown/Adoikrom open pit gold deposits currently being mined by Golden Star Resources.

Golden Star expects to produce 180,000 oz. of gold and generate over $280 million in gross revenue per year per from their HBB Father Brown/Adoikrom operations. Numerous other gold mines are also in operation in the area, including Iduapriem (16 miles -

AngloGold Ashanti - 185,000 oz./year - 4.9 million oz. total, approx. $8.575 billion in gross mineral value), Obuasi (55 miles -

AngloGold Ashanti - 381,000 oz./year - 33.4 million oz. total, approx. $58.45 billion in gross mineral value),

Tarkwa/Damang (18 miles - Gold Fields - 928,000 oz./year - 19.6 million oz. total, approx. $34.30 billion in gross mineral value), Bogosso/Prestea (29 miles -

Golden Star - 180,000 oz./year - 3.8 million oz. total, approx. $6.65 billion in gross mineral value), and

Nzema (20 miles - Adamus - 100,000 oz./year - 3.0 million oz. total, approx. $5.25 billion in gross mineral value).