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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 Precious1on Nov 09, 2011 11:09am
378 Views
Post# 19222255

HeyIrish you are really out of touch

HeyIrish you are really out of touch

Yes Everybody was happy with Genivar @ the site BUT Genivar head office policies are the problem here

Their "universal" pay structure was killing us as we are in arguebly the most friendly moning jursidiction in the world

In other words no quality geologists would work for peanuts

That is why we were stuck with the scraps to do our 43-101

Many investors who have been paying attention, put 2+2 together & realized that a meeting with Genivar may result in their termination. This was very very good news for the longs for several reasons

1] Our 43-101 under Genivar may have become suspect, counting on underpaid geologists

2] Tax lost selling will almost be eliminated as Q1 - 2012 is a generous, but reasonable timeline. Results will likely be early Q1 rather than later Q1

3] This is a top Tax free account stock & we get to add to our position here Jan 01/2012. I am delighted about this

4] This will flush out most of the short term investors creating a much more stable SP going forward

So called "dead money" is a term used by "Jack Rabbit" investors who hop in & out of stocks constantly

Those holding long will realize that it takes time to get a staller return on your investment

This is like getting interest @ a bank. You money must be "on deposit" for a long time to get a return

That doesn't make it "dead Money"

Bullboard Posts