As in real estate, location is everything and that’s the way renowned mining writer Peter Epstein of Epstein Research sees Gold Line Resources in a feature article. The piece highlights the mining friendly jurisdiction of Sweden & Finland where Gold Line has large land positions and is currently exploring six “100% owned / controlled early-stage + moderately advanced gold exploration properties.”
It also draws attention to the fact that majors are active in the area and three of the Company’s properties surround a more advanced project owned 55% by Agnico Eagle Mines (a major investor in Gold Line) & 45% by Barsele Minerals.
Epstein states, “It’s likely a significant gold mining complex will be built very near GLR’s GLMB properties.”
From an interview with Adam Cegielski, Gold Line’s CEO Epstein states that he is “confident there are 5-10M ounces on the 34,500 contiguous hectares. Importantly, preliminary metallurgical tests delivered gold recoveries of up to 92.6%.”
In conclusion Epstein states, “Gold Line’s EV at C$14M (share price C$0.11) could prove to be an excellent entry point as smart money players including Eric Sprott (Sprott Global) invested at $0.16/share earlier this month. News flow will be robust for the remainder of the year. Readers should consider taking a closer look.”
To read the full interview please click HERE.
The Howard Group (HG) is not a registered investment advisor and as such, individuals should consult a registered investment advisor prior to making any investment decisions. The information presented was obtained from sources believed to be reliable but is not guaranteed, is not all conclusive and should not be relied upon as the sole source of information/opinion for making an investment decision. The Howard Group receives remuneration for Capital Market Communication activities and HG or its employees may own securities in client companies.