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GGL Resources Corp V.GGL

Alternate Symbol(s):  GGLXF

GGL Resources Corp. is a Canada-based junior exploration company. The Company is focused on the exploration and advancement of under-evaluated mineral assets. The Company’s projects include McConnell Copper- Gold, Gold Point, Diamond and Royalties projects. The McConnell Creek Project is located over 400 kilometers (km) northwest of Prince George and 22 km southeast of the Kemess open pit copper-gold mine in British Columbia. The property covers over 8,700 hectares of mineral claims. The Gold Point Project is located approximately 26 miles south of Goldfield, Nevada. Its Diamond projects include Stein, Zip, Bishop and Rhombus. The Company holds diamond royalties that are approximately two to 15 kilometers from the Gahcho Kue diamond mine in the Northwest Territories. The Providence Greenstone Belt (PGB) Project is located approximately 250 kilometers northeast of Yellowknife in the center of the Slave Craton. The Company’s wholly owned subsidiary is Pointer Inc.


TSXV:GGL - Post by User

Bullboard Posts
Comment by newcomer21on Jul 15, 2003 1:25pm
138 Views
Post# 6245056

Why all the volume...

Why all the volume...Good question. I don't know the answer and can only offer cautionary comments based upon my knowledge of the principals of the company and their past practise. In some respects this might be unfair because the reputation of a group can represent a negative bias - I have to admit I carry that. They appear to have some credibility with this association with deBeers and they are milking that for what it is worth. Perhaps this is a chance to do a PP at a higher value and raise more capital. Perhaps they want to pump and dump their own shares for a tidy profit. Perhaps it is all of the above. It is anyone's guess at this point.
Bullboard Posts