SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : FIVE MILLION SHARES OR LESS

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CLK who wrote ()5/28/1997 12:59:00 PM
From: Warren Smith   of 81
 
CLK - This company (Golden Fortune - GFX-ASE) has far less than 5 mil. and is also in a hot area play. (Mazenod Lake - N.W.T.)GOLDEN FORTUNE UPDATE - May 20 -1997

Golden Fortune (GFX) up 27c since May 9 is trading today at 79c Canadian or 62c U.S. as company is now in talks to aquire five additional claim blocks representing approx 11,000 more acres adjacent to their Mazenod Lake claims which presently covers approx 20,500 acres.

The Mazenod Lake area play continues to heat up with several
junior mining exploration and development companies including Avalon Mining, Starcore, GMD Mining and Hawkeye Mining of Vancouver preparing to drill targets in this area. (Hawkeye has just completed a
$1.2 million dollar financing) All companies appear to be under
accumulation at this time.

Golden Fortune has four excellent targets to drill on their property and
are now arranging for a crew and drill rigs to start drilling in early July.

The Golden Fortune property is located about 8 miles northwest of Fortune Mineral's NICO copper - colbalt - bismuth - gold discovery. When Fortune Minerals drilled their property last spring the stock went from around $2 up to $45 and is presently trading at approx $21 (Canadian)

Golden Fortune Investments Ltd (GFX - Alberta Stock Exchange) offers the aggressive investor an excellent opportunity to participate in this play as the Mazenod Lake area continues to attract more and more interest from investors as well as mining exploration and development companies.

Traditionally we are now entering the best time of the year
for investors to accumulate junior mining company stocks as the companies prepare to start their summer drilling programs.

Golden Fortune presently trades at about 80c (Canadian) or
62c (U.S.) We expect to see positive progress reports very soon from other mining companies in the immediate area and will report to you as results are confirmed.

To have an information package sent to you or if you would like
the name of a broker that follows this stock please call:

Warren Smith - Investor Relations - 1 800 719 9960

e-mail: Goldmine1@aol.com

GOLDEN FORTUNE INVESTMENTS LTD
Symbol: GFX
Exchange: Alberta Stock Exchange
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext