Dixie Gold

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#1 Sun, Dec 27, 2020 - 11:31am
Danville, CA
Joined: Aug 14, 2013

Dixie Gold


This explorer's gold property is in Red Lake, Ontario, adjacent to Great Bear Resources. The area is known for very high gold grades. They announced the possible presence of gold on 11/24/20. They also have uranium (which sector is heating up) and lithium properties. The exec, Ryan Kalt, routinely purchased shares over many years (I've been invested in the company for about 10 years). He also controls Red Lake Gold, another explorer in the area. Dixie Gold has a market cap of $7MM (CAN) vs Great Bear $938MM (CAN)...possible upside for Dixie?

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