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CHEAP CHEAP CHEAP gold/silver deposit in Canada
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It appears that during the current Gold/ and Silver craze several TSX-V listed  firms have purposfully decided to take adavantage of last years economic crisis to try and take some very very good gold/silver deposits private via going underground on reporting and also in building debt.

One play is Tagish Lake Gold.  This company has been taken over by a Chinese controlled firm and these guys are trying to take the company into private hands while keeping quiet on the merits of the companies propertties.

The company owns a Distirict of mining claims in the Yukon.  Part of these claims contain a deposit that has proven resources of 500K ounces of gold and 7M of silver.  It has also had a feasibility study on this deposit that suggest a very profitable mine can be put in place very quick

The company has kicked out all it directors and management and replaced them with a group dedicated to the Chinese investment group.  Now they are looking to take it private on the cheap.

However there appears to be a white knight on the fronteer.  The last weeks trading suggests a battle for loose stock.  TLG has been a volume leader over the week and has seen 50% appreciation with many orders being filled on the ask.

I believe a take over offer is in the  work for TLg.  It's property is too rich to be worth only $3M which is the MC for TLG.  I believe that the current manaegement will be called to task and a major gold company will make  run for this  gold/silver deposit which is open for expansion, as well as other deposits on the companies Mineral DISTRICT.

I loaded up at $.02-.03.....and I hope to see a bidding war erupt soon.

Take a look Sedar at this companies properties and also feel free to phone the Yukon Mines Branch for their opinion on the ground.  They also believe it will be a mine soon.

Do your own DD.
 
 
 
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