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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 Jan 06, 2012 4:20pm
318 Views
Post# 19377395

RE: Changing management ?

RE: Changing management ?

In reflection I also agree with Montreal

We are to close to the goal line to change quarterbacks

After several hours of phone convesations with both Frank & Roger I assure you these were the best options

Frank used Shares in lieu of cash which we are spending carefully

Some board members have been working for free & need to be compensated or we will lose them

Finding & keeping QUALIFIED  Geo's, Engineers, Lab's & BOD members, is very difficult & expensive

Most now are demanding money up front as they can pick & choose where they will work. Frank has had to be creative to prepay & in many cases use shares to keep us on track

We now have a new letter writer, which was badly needed, as well as a specalist in aquiring Government permits, which are also badly needed to allow us to start milling

This whole package is NOT what it 1st appeared to be

Frank has actually acheived a lot, in which @ .13 / share is actually cost us around $600k

Bullboard Posts