THH -Wrapping up Some News of The Week

A very good week for the intrinsic value of Horseman’s portfolio…

Goliath Resources (GOT.V) announced “exceptional” metallurgical recoveries from the Surebet zone

This of course means that the $ value per ounce found should be quite high all else equal.

Headwater Gold (HWG.CN) announced a high-grade hit of 14.54 m grading 4.86 gpt Au in the company’s first hole at the Katey Project

This would be their second project that the company has hit high-grade mineralizaiton at lately.

Nevada King (NKG.V) announced an impressive 13,100 m, phase II drill program at the Atlanta Gold mine in Nevada

The outstanding hits from Atlanta appears to have made the company go even more aggressive. This would be the most advanced asset that back stops the whole Market Cap in my opinion.

Cabral Gold (CBR.V) announced even more impressive hits down in Brazil to the tune of 23.8 m at 5.5 gpt Au etc.

Market seems to be completely unaware that the company has made five discoveries in the last 10 months or so. An example of how easy it is to be a buyer in the junior sector today.

Burin Gold (BURG.V) announced the start of a 10,000 m drill program in Newfoundland.

It’s cheap and with some success I think Burin could grow very rapidly in perhaps the best jurisdiction in Canada.

Ophir Gold (OPHR.V) announced more high-grade mineralization intercepted while drilling the Breccia Gold Property in Idaho

Dirt cheap micro cap.

Mantaro (MNTR.V) announced the discovery of two additional mineralized vein systems at the Santas Gloria Silver Property

$9 M Market Cap. Almost $5 M in cash… No comments needed really.

Solis Minerals (SLMN.V) announced widespread copper sulphides logged in first two holes at Mostazal Copper Project

It’s cheap and they are swinging for the fences. One of few copper plays I own.

Pacific Ridge (PEX.V) announced that the major miner Antofagasta is optioning the RDP Copper-Gold project

A major miner optioning one of the peripheral assets? Hey, that’s super in my book.

Golden Tag (GOG.V): Closes first tranche of the non-brokered private placement

Drill baby drill.

Note: I own shares of all companies mentioned and they are also banner sponsors. I am biased so do your own due diligence.

Best regards,

The Hedgeless Horseman