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Garibaldi Resources Corp V.GGI

Alternate Symbol(s):  GGIFF

Garibaldi Resources Corp. is a Canada-based junior exploration company. The Company is focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico. Its E&L Nickel Mountain nickel-copper-rich massive sulphide discovery, approximately 18 (km) southwest of the famous Eskay Creek mine, contains some of the highest nickel grades recorded in magmatic sulphide ore deposits on a global basis. The Company's projects in Canada include Otter Creek, Palm Springs Property (PSP), Red Lion, Grizzly and Golden Bear, and King. Its project in Mexico includes La Patilla, Sonora, and Iris. The Company owns 100% interests in two non-contiguous properties in Sonora State, Mexico, known as Tonichi and Rodadero. The Otter Creek lode gold prospect consists of approximately 8,704 hectares and is located 12 kms east of Atlin in northwest British Columbia.


TSXV:GGI - Post by User

Bullboard Posts
Post by Campinon Jun 17, 2016 8:03pm
154 Views
Post# 24976202

Weird trading action?

Weird trading action?I find the trading action on this stock weird, if you watch a stock for a while you can usually tell when it's more then people buying and selling on the resistance/support lines... I don't by this is people dumping, not when gold and the venture have turned corner...

This would be a good time to sit back and get those moving averages on your side and let this stock, in the least, float with all the other boats..  But someone seems to be really trying hard to push it down and not allow it to close above 10c, that was obvious with the last hour of trading today I think...

Sometimes when manipulation like this is happening it could mean they're negotatiing a private placement or maybe they're negotation another land deal in the "heart of gold"...

I don't know but I'm not selling my shares... I do think these guys have built up an impressive land position overall with a lot of potential and look forward to seeing what they do with all those properties.. and in the very least those shares traded today should be in stronger hands.
Bullboard Posts