any penny unloved gold stocks, page-4

  1. 749 Posts.
    re: penny gold stocks - a case for gdn............ I'll chip in with a tout for Golden State Resources (GDN), which has been revving the engine in recent months after 3 years in the pits.

    GDN has some good ground at Leonora. Recent assays reported:
    2m @ 11.3 g/t
    4m @ 4.1 g/t
    6m @ 2.79 g/t
    16m @ 3.07 g/t
    8m @ 3.42 g/t
    1m @ 10.6 g/t
    5m @ 1.84 g/t
    5m @ 2.65 g/t

    Also has highly prospective tenements at Laverton (England showed 5m @ 5.6 g/t) and Menzies.

    Currently .043 cents with exciting chart history of rapid strong rises. Looked good to me so I bought lots. Chart breakout is at a close above .052. Has flirted around this price in recent times but is yet to make a decisive break. Needs decent volume to shake the manipulators loose.

    Conduct your own research.

    R/Gupper
 
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