Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

$GYA.V –Guyana Goldstrike Inc.

Discussion in 'Canadian Stocks Message Boards' started by Auri, May 25, 2017.

  1. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
  2. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
    Gold is rising to the top of many investment strategies for numerous reasons:


    ·Several central banks continue to ease monetary policy (some even turning to negative rates);


    America and China have gone toe to toe in a trade war;


    and, Trump has lambasted the Fed for not dropping rates fast enough, going so far as recommending a 100 basis point cut...



    In this type of environment, gold and gold equities are poised to be among the leading beneficiaries.



    Guyana Goldstrike with their flagship Marudi gold project an advanced exploration stage and near-term production situation in Guyana, South America.



    The company is currently trading at an Enterprise Value per ounce of around $30, an 80% discount to peer companies with assets in similar jurisdictions and projects in similar stages of development.





    Highlights:



    The Marudi Project: Potential for A Multi-Million Gold Deposit

    Multiple New Gold Discoveries at Toucan Ridge

    Guyana Goldstrike to Drill 1.75km Toucan Ridge target

    Funds Invested - 24.4 % Major Shareholder Zijin Funds to Participate in Equity Financing for the 2019 Drill-Program

    Major Gold Companies Actively Scouting the Guiana Shield for buy outs or JV partnerships





    Geology



    The host rock at Marudi is quartzite-metachert, and gold mineralization on the property is associated with the quartzite-metachert unit of the rock formation. Gold occurs within the magnetite-hematite rich quartzite and in the magnetite-silicate iron formation. The presence of quartzite-metachert rock is the strongest indicator of gold mineralization, and hence a primary focus for geologists conducting trenching exploration activities. Gold in banded iron formations are excellent exploration targets, renowned for their scalability. They are often found in clusters, a highly attractive quality amongst major gold companies vying for new deposits that can be developed into mines with longevity.



    One of the best-known examples of a high-quality gold-bearing banded iron deposit is the Homestake mine in South Dakota, USA. This vast deposit developed into the largest, deepest gold mine in North America until its closure 2002.



    Between 1878 and 2001, Homestake produced 43.9 M oz of gold.




    Share Structure



    58,452,037 I/O

    Insiders & Close Associates 40%

    Public Float 35.6 %

    Zijin Funds 24.4%




    https://www.guyanagoldstrike.com/
     
  3. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
    Why the largest Gold Miners are Investing




     
  4. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
    Selects Driller - Reports 23.5 g/t Gold at Marudi

    Guyana Goldstrike Inc. (TSXV: GYA, OTC: GYNAF, FSE: 1ZT) announced that Bonga Xploration Drilling Ltd. of Vancouver, Canada has been selected as the driller to carry out diamond drilling at its Marudi Gold Project located within the Guiana Shield, Guyana, South America.

    The Bonga Xploration team has visited the Property and has gained a full understanding of Guyana Goldstrike’s expectations for the upcoming program.


    The drilling program will consist of up to 2,500 metres and could be extended for additional metres. This program will test and confirm at depth the gold associated and correlated to anomalous gold mineralization reported in the sampling results from surface trenching and the magnetic anomalies identified along the length of the 1.75 km Toucan Ridge area.


    Further details on the drilling and exploration program will be released once the company has finalized all logistics and contracts.


    In 2018, a total of 12 trenches totaling 2,458 metres were completed at Toucan Ridge.


    Over 850 trench samples were assayed from the Toucan Ridge area returning grades as high as 23.5 g/t gold.


    Highlights:



    Potential for a Multi-Million Ounce Gold Project with a Mining License

    Multiple New Gold Discoveries at Toucan Ridge

    Guyana Goldstrike to Drill the 1.75 km Toucan Ridge area

    Resource Funds Invested, 24.4 % Major Shareholder Zijin Funds to Participate in Equity Financing for the 2019 Drill-Program

    Major Gold Companies Actively Scouting the Guiana Shield for Buy Outs or JV partnerships



    Share Structure



    58,452,037 Issued & Outstanding

    Insiders & Close Associates 40%

    Public Float 35.6 %

    Zijin Funds 24.4%





    www.guyanagoldstrike.com
     
  5. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
  6. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
    $GYNAF $GYA.V Former Senior Vice President of Ivanhoe Mining ltd. Joins Guyana Goldstrike


    World Class Mining Executive Appointed

    Guyana Goldstrike Inc. (TSXV: GYA) (OTC:GYNAF) (FSE:1ZT) announced that Mr. Edward Rochette has joined their Board of Directors. Mr. Rochette is best known in the mining industry in his role of Senior Vice President of Ivanhoe Mining ltd. where he spent 25 years negotiating and acquiring various projects in over 35 countries. Mr. Rochette presently consults for Mr. Robert Friedland, founder and Executive Co-Chairman of Ivanhoe Mines Ltd., conducting mineral acquisitions in Utah, Nevada, Arizona and China.


    https://www.guyanagoldstrike.com/news/2019-news-release/266-


    1.jpg
     
  7. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
  8. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19
  9. Auri

    Auri Member

    Joined:
    Apr 16, 2016
    Messages:
    792
    Likes Received:
    19

Share This Page