Gold was initially sharply lower again this past week reaching a low of 4098.80, although after that low was made, we moved sharply higher, reaching a high of 4602.60...
The IP survey confirms a target area with overlapping resistivity and chargeability anomalies within the Gravity Low area and along the NW-trending Gold-Zone extension.
The gold stock sector is no longer special, as wider inflation trades are expected to take hold across commodities and certain markets. Oil and the current inflation mini-hysteria is not that. Not yet.
The company announces that it has granted incentive stock options to three consultants to purchase an aggregate of 250,000 common shares at $5.51 per share for a 5-year period...
Insiders exercised a total of 4,660,000 warrants for cash proceeds of $1,062,000. The Company sincerely thanks its shareholders who were able to exercise their warrants early.
CEO Dyakowski: "With continued drilling of step out targets to the West of the main contention Zone the project's scale continues to grow as we continue our largest ever drill campaign..."
