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Granada Gold Mine Inc. V.GGM

Alternate Symbol(s):  GBBFF

Granada Gold Mine Inc. is a Canada-based junior mining and exploration company. The Company is engaged in developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which is adjacent to the Cadillac Break. The Granada Gold Property is located five kilometers south of the mining community of Rouyn-Noranda, Quebec. The property includes the former Granada Gold underground mine. The Company owns about 14.73 square kilometers of land in a combination of mining leases and claims. This near-surface and underground gold deposit, with the added discovery of a Rubidium (alkali metal) deposit, is located 15 minutes from Rouyn-Noranda, Quebec.


TSXV:GGM - Post by User

Bullboard Posts
Post by taylor1988on Apr 05, 2011 9:11pm
299 Views
Post# 18390634

Bashers Bashers Bashers

Bashers Bashers BashersThe grades have never mattered on this deposit and they never did. I'm just attempting to point out value to potential investors who have been misled by bashers who continually highlight the negatives of GBB. 


I find it hard you can't find reasons to buy GBB at this price, here are some compelling reasons I've found to buy:

1) 43-101 expected this summer --> this will move our value of ounces in the ground from $20 - $60 an oz/ minimum.

2) Possiblity of more shareholder value coming from Castle Silver Mine where a drill program is underway and gold is at all time highs.

3) We have a structure that is 4 X larger in size yet our market capitalization has shed $40 million dollars in value, I like that discrepency quite a bit.

4) A CEO who's increased our land package in one year from 71 hectares to over 11,000.

5) RVC being taken over with less than a 5 Moz deposit for over $500 million dollars.

6) TRR being valued at $100/oz gold in Ontario based on all inferred ounces and a estimate that I believe is only 25% larger than what GBB will report in June. 

7) A $70 million dollar market cap for 3 million ounces of gold likely?  We're getting less than $25/oz of gold and the metal itself is trading at all time highs of over $1450.


I could care less if you take my advice and can't see the value here as I just end up getting bashed off these boards anyways but you'll only kick yourself in June if you don't have shares and think we're still going to be getting a valuation like this with a deposit our size. 

Losing 90% of your money on the Venture?  Maybe you're picking the wrong stocks since half decent traders can make 15-20% a month here with the right plays and holding even better if you've got the funds to afford it.

INM, INT, CUU - all doubles in the past month.  Dave2006 a top poster on Stockhouse was telling me not to buy INT 2 months ago at 38 cents and that was almost the worst mistake of my life not averaging down on a play I truly believed in only to listen to someone else's opinion I perceived to be good or better than mine.

Everyone has ulterior motives, why do you think these bashers are here?

a) Because they can get a rise out of us as we are already frustrated with the share price and must defend this stock here especially with their mindless accusations and arguments, therefore they get mentioned and in turn, paid.

b) They see value here and any shares they are able to shake out theye happy to take at these prices.


A month ago when I was considering bailing on INT I asked myself why bashers were on the boards at 10 pm on a Saturday then 2 am on the Sunday, 4 am the Sunday, they were literally taking shifts bashing every 15 minutes.

They are not there for no reason and they certainly have better things to do with their lives than talk down something they have NO investment in on weekend nights and all hours of the day.
Bullboard Posts