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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 1969Enigmaon Oct 29, 2017 6:54pm
910 Views
Post# 26874170

Some reflection ...

Some reflection ...It has been a couple of months since I referred to the geo-modelling data that was generously "shared" with me and originated with some world class US based PHD Geos as well as the sp price modelling from a large US based private equity group . With the recent primary discussion focused on the Anomaly D drill program, I will only suggest as a reminder that the bigger picture did in fact allude to a minimum 4 Voiseys Bay volume environments. It has been suggested that the Garibaldi holdings "may" in fact represent the largest nickel/ copper rich sulphide system in the world. Naturally this remains to be proved out. We have a lot of early stage indicators that point to the validity of this supposition , however we do need those assays as we well know that the market will in fact hang their hats off of those. I remain optimistic that this is in fact the case and have leveraged my position accordingly ... and within my personal risk tolerance.

"Premised on a potential large world class discovery with grading and tonnage potential, the statistical assessment of the geo-modelling data conducted by the US based PHD Geos as well as the sp price modelling by the large US based private equity group suggests in short at buy out:  
Low Average: 5.83 billion approx...$58,30 per share
Mean Average: 13.09 billion approx... mean would be $130 a share
High Average: 23.78 billion approx... and high would be $237 a share.  

In US dollars... This includes all anomalies and rights along with variances for GGI."

These are "potential" buy out projections and should not be interpreted in any way as an assurance of what is to come. Please additionally note (as with my earlier posts on the subject) that I have used quotation marks denoting that this is sourced information and I have been asked not to disclose those sources... which I am obliged to respect. My "personal" year end share price targets are premised off of the historical analogies of the Vosiey Bay discovery history and are in the range of $20 per share. That however is purely speculative premised on a presumption of resource. I don't have a crystal ball and the assays will provide the truth of the matter. I do not have insight as to whether buy out candidates have yet engaged the company. While I am sure they are "all" paying close attention, I suspect, as with large institutional investors, that they are waiting (as we all are) for the presentation by Dr. Lightfoot and the release of official assay data.

My sincere and optimistic hope is this truly is "The Big Score 2.0". Mr. Sprott sees the merit in the discussions to date and has supported that premise with his investment in $GGI & $MTS. I have stated before that the collective pedigree of those with eyes on and investing in this dicovery suggests to me personally that we have something truly special here. May we all continue to prosper on this and whatever other securities that comprise our portfolios.


We are more than 2 decades later. Technology has improved considerably, the story receives a broader audience far quicker (world wide web) and I am certain that there were some lessons learned from the way Voisey Bay played out. Some may view past actions by some of the players from that era as having been premature. "If" they are involved today, and "if" this is in fact "The Big Score 2.0" , we may find that they act more judiciously and perhaps quicker than in that time period. Purely informed speculation on my part.

GLTA & DYODD

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