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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 Flowgoon Jul 24, 2017 11:35am
99 Views
Post# 26501333

Lightfoot

LightfootConsidering all the talent that has come on with GGI, I certainly have some confidence a top notch team has been assembled. Combined with the VTEM data and the released assays from the trenching that was performed, not sure how this play could be come any more derisked?

Drilling and subsequent assays will be the primary driver on the share price, but when your hired experts are buying shares on the open market it almost always is a positive. When you look at the visual in the overview documents, you see how the E&L might compare to the industry goliaths. The nickel experts are the ones likely driving these visuals and comparatives. For the retail investor, I don't believe we understand quite how large this could be, and it is obvious by the share price that the market is disconnected to the opportunity. 

With drills turning, the market should start to respond, and it appears we are short days until we begin what is certainly going to be an exciting program. The bottom portions of the Silver Standard drill holes were rather interesting information, and I wonder how the VTEM data and other pieces lead the team to looking at the bottom intercepts? 

Let's get it done guys!
Bullboard Posts