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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 Aug 03, 2011 1:44am
410 Views
Post# 18897697

If there were any shorts

If there were any shortshttps://www.dailyfinance.com/company/gold-bullion-development-corp/gbb/van/short-interest

That's what doesn't make sense about the frequent bashers as of late that seem to go day and night discrediting GBB.

If there's a short position of 1000 shares currently what is there to gain here for bashers except bringing the price lower to get in cheaper?

And you would only want to get into a stock if there was a potential for the stock to be a good investment, but an even better investment at a cheaper price.

GBB has more than bottomed out at these prices and with the latest move in gold it's no longer a question regarding if Granada will be economic.

If Kinross can produce gold at their Fort Knox Mine in Alaska over 40 km from the nearest town at $850 / oz with average Reserves of 0.42 g/t au, then Granada is more than profitable at a 50% higher grade than Fort Knox only 5 km south of Rouyn-Noranda at $1655 gold...












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