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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
Comment by Precious1on Nov 30, 2011 4:29pm
347 Views
Post# 19280538

RE: RE: RE: RE: Number of Shares Outstanding

RE: RE: RE: RE: Number of Shares Outstanding

For god sakes don't give anybody here some pie

They are just waiting to throw it in your face

NOBODY wants any more PP dilution, especially Frank or any of the other large positions here

Some of you think that it will be a matter of CHOICE when or if it is done

PP are done out of necessity NOT choice & cannot wait until you are total out of money

PP are the safest way to raise money & is why it is the prefered method

Other financing methods expose you to default rather then dilution which is why they are a last resort

BTW if you understood how far away we are from seeing monies from milling then you would understand why a small BRIDGE PP will likely need to be done

We can only hope the paperwork from the government will arrive BEFORE year end, so we can monetize 2.2 million

That is the monies needed to advance the milling project

Hopefully we can hold on without dilution until we see our 43-101 Time will tell BUT SGS doesn't come cheap & unlike Genivar will have more that 1 person working on our RE

Finally: I am very long & very, very deep on GBB but don't believe in sugarcoating everything as some do here

Bullboard Posts