Re: Charts & Comments - Wescan Goldfields
in response to
by
posted on
Dec 10, 2012 04:33PM
Saskatchewan's SECRET Gold Mining Development.
via Wescan Goldfields website
Wescan goldfields announced a 10:1 reverse spilt of their share last August. Their share price deteriorated to 1¢ on the venture exchange, whereupon they could reverse split their shares with impunity.
http://wescangoldfields.com/_resources/news/WGF_nr_2012_08_03.pdf
Masuparia had also reverse split their shares prior to getting involved with GBN.V. The only standout is GBN.V for not reverse splitting their shares 10:1, and is falling behind the immediate competition.
It's been my mistake to believe that GBN.V were owners of the Jasper gold mine, or Fork Lake gold mine. It's clear from ransacking the internet for facts, that the Jasper or Fork Lake gold mine site is outside the GBN.V property, and inside the Wescan property. Many maps had placed the former Jasper mine, or Fork Lake mine in the wrong location, Southwest of Star Lake mine, rather than due south.
This was not made clear, however, I want to make it clear that I am mistaken that the Jasper, or Fork Lake property is part of GBN.V's property, and that the Fork Lakes 'Mystery Location' referred to previously is part of Wescan Goldfields' property.
GBN.V has a clearly preferential and superior land holding, consolidating the former Decade, very intensively-worked and bulk sampled (1km strike-length)Rod Zone, Rush Lake, and Star Lake mines, including the (3km strike-length)Starrex-Khan 21 zone, in the immediate vicinity of the operating Jolu Mill which is processing ore from Lloyd, EP, Komis, Bingo North.
Many Thanks
-F6