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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 Dec 09, 2011 1:50pm
309 Views
Post# 19308002

RE: RE: RE: RE: Value Per Oz

RE: RE: RE: RE: Value Per Oz

I agree 100% as the gold buyback program has already been approved by the exchange

I think the only thing holding the "buyback program"  is we should be in the milling stage 1st

The only thing holding the "milling stage" back is waiting for the Government paperwork, so we can montetize 2.2 million $

I don't think that they can release a presser, about the milling program, until they are verey sure about a certain start date

I was told that once announced, if NOT started within 45 days then the exchange COULD halt GBB

Like I stated earlier a SMALL PP will likely be needed, early in the new year BUT will not be large enough to negatively impact GBB going forward.

HOWEVER I expect the 43-101 to be in the 1st 1/2 of Q1 / 2012

Frank stated that the PEA assessment is what will be the most time consuming & take most of Q1 to complete

Timing may well avoid ANY further dilution EVER

Bullboard Posts