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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 BIZZONon May 07, 2012 2:19pm
304 Views
Post# 19880782

RE: RE: RE: RE: Gold Sucks?

RE: RE: RE: RE: Gold Sucks?

TRR`s deal with IAMGOLD looks like done .

If you take their cash postion it comes to $75 anounce.

I dont have an idea what`s the Cap-ex is for that particular project.

About 6.8 million oz almost all of it in inferred.

So GBB is about $13 an ounce at the moment. ( Crazy Stuff)

If you want to see comprehensive outlook regarding M&A in 2012 PWC`s presentation is a good start.

We may even see different players entering the frame......download here :

https://www.pwc.com/gx/en/mining/publications/on-the-road-again-global-mining-2011-deals-review-and-2012-outlook.jhtml

Bullboard Posts