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Granada Gold Mine Inc V.GGM

Alternate Symbol(s):  GBBFF

Granada Gold Mine Inc. is a Canada-based junior natural resource company. The principal business of the Company is the acquisition, exploration and development of mineral property interests. 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 from a combination of mining leases and claims. The Granada deposit is a quartz-vein mesothermal gold deposit hosted by late Archean Timiskaming sedimentary rock and younger syenite porphyry dykes.


TSXV:GGM - Post by User

Bullboard Posts
Post by taylor1988on Oct 20, 2011 1:51pm
338 Views
Post# 19167447

GBB

GBBI wouldn't be surprised if most shareholders agree with me about GBB, you're the one trying to argue that GBB has no value and it's worth $40 million dollars with a likely 2.5 + million ounces of gold in Quebec within 5 km of a work-force. Without reason to dilute at these levels and a potential to mill already proven gold to increase the company's treasury, what is so unattractive about GBB to you at these levels? If gold were at $700 / oz you may have an argument here but last I checked cash costs should come in at $600 / oz at the most and gold is trading $1,000 dollars higher than that level.
Bullboard Posts