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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 5oceanson Mar 19, 2012 1:26pm
344 Views
Post# 19690360

RE: .15 cents...

RE: .15 cents...

15 cents ... (?) It sure does not look good and/or smell good, on top of it, with Courts involved? Greater chances of spending/using more money, that ultimately comes at the cost of dilution, but not for drilling.

IMO, the share price is reflecting the over all credibility of the structure of this organization, nothing new there.

IMO, Mgnt will need very good prospective ground in order to minimize and compensate for the negative that is going on the surface or, be lucky and come out this Court case as a winner.  Boy, I sure did not come to this play to have to speculate on which way a court case may go, second guess results that were announced, expecting that Mgnt would change expected dates time after time, wait for results forever, continuing having the uncertainty of numbers and calculations not recognized by standards and more ... !

 

As a speculator, I continue hanging in because my situation here still gives me the room for that, that said, I continue asking myself; How can Mgnt sell this story to new gamers? I don't bash to buy or, pump to sell, I'm glad that when I moved in this story I made a fair size speculation. Based on the story(it made a lot of sence) at that time, because of that fair size play, I'm still here with a very reduced position second guessing it though, but, at the same time, still hoping for the turn around. I do believe that with whatever goods are there, at the current price, we still have a pretty good case - for now - to go after the rest. I do hate to brake my speculating rules but this one sure is pushing it ... !  All the best to all that play fair. Just me.

Bullboard Posts