G2 Goldfields (TSXV:GTWO) - Gold Developer Path to Production within 2-3 Years

[@Pierced777]

Great interview! AngloGold Ashanti had to send reps to site to verify that G2's drill numbers were as good and held together as well as claimed in NR's by the company! Wow. As amusing as it is gratifying. Very humbling to the G2 team I imagine. 2024 will be game changing.

[@poguy]

so the politic between guyana and venezuela brought down the share price from $17 to $1? thanks for clarify

[@murrayn9077]

Congratulations Mr Patrick Sheridan! I think we're all excited about Guyana Goldfields version 2! Let's back up a little "Concerned Shareholder". Mr Sheridan founded GUY and his "team" discovered the Aurora Gold Mine. What team? Mr Sheridan was suddenly thanked & excused from the company he founded. Then the Company accused him of a flawed resource model. The Company's share price spiralled down. Then Sheridan replaced the old management with a new team. Was any of this necessary? Zijin never complained about the "6Moz with grade of 2.54g/t" mineral resources at Aurora. Sure Zijin paid $323 million, but far cry from previous highs. There were many bidders for GUY, they're not stupid they saw a great asset. Mr Sheridan was not around for any of these negotiations. So when we talk about buy-out , take-over, what do u mean? GUY shareholders have no upside in Aurora. But good to see Mr Sheridan wasted no time in assembling this new package in short order.

[@murrayn9077]

Yes, G2 shareholders don't want to see a repeat of the back & forth finger-pointing and proxy battle fiasco again. Because of the resource model? Come on guys, it's mining. The original model was robust enough to build Aurora. Zijin even boasted about Aurora being profitable within the first year of acquisition. How did GUY go downhill so fast? Something else? OK that's the past. Don't forget we have first-mover advantage! What's the rush in trying to sell G2 out? I'm originally from Essequibo, now a proud Canadian for decades. Venezuela was talking this nonsense since i was a kid back in the 80's. Never mind Venezuela. Come on shareholders, it's a non-event, & there's lots of gold in the Jungles of Guyana!

[@Pierced777]

@westcoast8562 You clearly don't know this company or management and sounds more like you may have a personal vendetta. Your pettiness is a doorstop to your own prosperity.

[@Pierced777]

If you don't actually know about this company it's worth investigating. They've been the most fiscally responsible company I've been in because they have skin in the game and are aligned with shareholders. They just unlocked the structural controls of the high grade mineralization and everything going forward should reflect that in high to ultra high grade plus new discoveries and surface drilling on each of the 12 golden pearls they have until buyout. This will prove to be their biggest year and that is no pump. I've been here 4 years.

[@Pierced777]

They wanted a large insider ownership in part to prevent any hostile takeover because they have experience and know the industry.

[@Pierced777]

@westcoast8562 it is similar to Obuasi which Anglo owns. That's why they want it. 10-15M oz's projected publicly. Privately likely more.

[@Pierced777]

​@@westcoast8562they went from a 15g/t average first MRE to over 22g/t this round. G2 would be in the world's top 10 high grade mines if it were in production today. Grades are only increasing now that the structural controls have been unlocked.

[@Pierced777]

@@westcoast8562 the royalty company is G3 Gold with the primary asset being Peter's Mine. Historic mine with head grades over 1oz/ton. They know what's there as well but not in proximity to Oko Aremu. Now that they understand the structural controls across the district including Peter's Mine, it won't take much dilution to get another tier 1 asset there. The whole district is riddled with pearls of high grade gold. It's no joke. In terms of value, the district between both Reunion and G2 starts with G2's all defined high grade to pay off the capex quickly which will pay for a bigger mill to process the lower grade. This is not a regular management. This is not a lifestyle company dangling carrots. End game has always been Tier 1 asset buyout not build a mine for them this time.