Anaconda Gets No Respect for 78.07 g/t Hole

Bob Moriarty
Archives
Jan 15, 2019

Anaconda continues to drill their high grade Goldboro deposit. The company just announced a 78.07 g/t gold intercept over 1.1 meters. To show it wasn’t just a fluke they also reported a 32.42 g/t Au intercept over 2.6 meters. It’s a saddle reef style deposit and you can expect a lot of similar grades and intercepts.

Investors yawned as the shares soared higher by half a cent to $.22 or 2.3% on a blistering 179,200 shares traded.

Be still my beating heart.

Anaconda already released an updated 43-101 showing over one million ounces of high grade gold at Goldboro. With five million in the treasury or so and gold production from Newfoundland and over a million ounces of rich rock at Goldboro you would think that someday soon investors might wake up.

I am looking for a rally to begin in February. Companies selling for $15 an ounce US are going to be big stories once investors get it.

Anaconda is an advertiser. I have bought Anaconda shares in the open market. I am biased. Do your own due diligence.

Anaconda Mining
ANX-T $.22 (Jan 14, 2019) 
ANXGF-OTCBB 118.7 million shares
Anaconda Mining website

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Bob Moriarty
President: 321gold
Archives

321gold Ltd