Saturday, June 8, 2013

Gold Standard Ventures

Gold Standard Ventures is another darling in 2012.  It fell with all other junior exploration.  This company's major property is the Railroad project located in the Carlin Trend in Nevada.  Good share structure (89.6 Million Fully Diluted) 50% with institution investor, 20% with insiders.  Very good drill results, very good technical and management team.

The only possible concern for the company is it might require more capital to finish the drilling program.  It still has 5 million in April.

It trades on both TSX Venture and NYSE MKT.  It is currently trading at 88 cents and has almost double from the bottom (47 cents).

I don't own any shares of Gold Standard Ventures.

1 comment:

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