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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 Deco_pxxon Feb 18, 2012 4:38am
558 Views
Post# 19553418

BMR-Jon yesterday

BMR-Jon yesterday" 22. Barry, the fact is, there’s really nothing to say at the moment on GBB. It’s in aholding pattern, and everyone is waiting to see what Basa next move is. We’vemaintained since Day 1 that the LONG Bars Zone has the potential to be a multi-million ounce deposit – the gold is there and many are convinced there’s lots ofit. Unfortunately, GENIVAR mishandled the drill program (though the buck reallystops with Basa). SGS is now GBB’s new geological consultant. I guess we’ll findout fairly soon what their strategy and plan of attack is. Quite simply, GBB mustre-establish the market’s confidence in the program on the ground at Granada. Isaw and spoke with Frank at the Resource Show in Vancouver. We get along justfine. I got frustrated like most people last year when GBB (GENIVAR) failed toexecute properly on the ground. Frank insists things are going much better withSGS. We’ll see what happens in the coming weeks and report more on GBB whenthere’s something of substance to report. At 15 cents, GBB offers incrediblevalue – assuming they get things going in the right direction again."
Bullboard Posts