Gold & Silver Mining of Nevada (OTC: CJTF)
This is a stock that has many fans… and a whole lot of bashers. Of course that is more related to whether they are holding the stock or not – and not as much as what the fundamentals really are.
Let’s look at what some are saying. The Trading Ninja is all over this one:
— The Trading Ninja (@TheTradingNinja) October 6, 2015
Calderquacks is looking for a break-out or a run:
— Calderquacks (@CalderQuacks) October 6, 2015
BJ Banks is looking at the 7’s getting hit:
$CJTF 7’s getting hit!
— BJ Banks (@TheBJBanks) October 6, 2015
Holder Baggins refers to the news out:
$CJTF “Gold Permit Issued”
— HolderBaggins (@HolderBaggins) October 6, 2015
The Trading Ninja RT’s Adamwnsx:
— Adamwnsx (@adamwnsx) October 6, 2015
Fela Fela sees another run:
$CJTF looking nice here . Another run imo
— Fela Fela (@cagedbirdsings3) October 6, 2015
Speed Loader sees it moving up:
$CJTF moving back up!!
— Speed Loader (@PapaBearTweet) October 6, 2015
Latest News Just Out:
CJTF ‘leaps out of the gate’ as green light given to commence gold mining
Las Vegas, Nevada – October 6th, 2015 -Gold and Silver Mining of Nevada, Inc. (“CJTF”) (“the Company”) (PINK SHEETS:CJTF) a junior mining company in Nevada, have been issued a Notice of Intent permit which allows the Company to conduct exploratory mining operations at its Goldfield Basin project in Esmeralda County, Nevada.
- -The permit allows for 65,760 square feet of off-road disturbance -Includes sampling from 105 locations and the gathering of up to 1,000 tons of ore.
“We fully anticipate from this volume of sampling that we will be able to demonstrate and document the rich gold content of our mining claims in this area,” states N. Fred Anderson, President of CJTF.
The Company is currently considering offers from a handful of mills that have expressed an interest in processing the ore.
“The processing of the samples in a commercial mill will help the company develop and define its plans for going into a full-blown production operation in the future,” says Anderson.
As previously stated in a press release issued by the Company last week (Prepared for Proposals, Oct. 1st, 2015), now that the Notice of Intent is in place,CJTF isin an excellent position to handle merger, joint venture and other proposals as they may come, and fully expect to do so.
Additional information and documentation will be forthcoming as the sampling proceeds.
AboutGold & Silver Mining of Nevada, Inc.:
The company is in the business of precious metals mining and processing of massive gold and silver ore bodies in central Nevada. The gold and silver located in the company owned mining claims in these
districts has been previously drilled and evaluated by qualified geologists and mining engineers.
Extensive records, analysis, maps and pictures have been acquired with the staking, purchase, and filings of the various mining claims. The company is not looking for ore, but is in the process of developing previously identified ore bodies which were not mined out and which have a previously studied history.
Safe Harbor Statement
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company’s ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company’s suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.