Gold production & exploration

Seabee Mine, Saskatchewan - Madsen Mine, Red Lake On

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Message: The 20th level, here we come.

The 20th level, here we come.

posted on Jul 30, 2008 08:36AM

I have been following the activities at the Madsen Mine for years. I remember reading some time ago that the mine was in rich gold on the 20th level before the mine closed some years back as a result of low gold prices. Could this level be the beginning of deep gold deposits at their Red Lake property? I hope so.

I just looked at CRJ's price chart and it looks like it's currently in an area of demand at .85 with the last of .86. Even though gold is lower with a last of $900, I believe in CRJ, gold and especially the potential of the Madsen Mine.

Go CRJ!!

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