Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Jun 15, 2012 4:42pm
375 Views
Post# 20019808

RE: RE: RE: RE: RE: RE: Talked to Roger

RE: RE: RE: RE: RE: RE: Talked to Roger

Rockstar is closer to reality than your figures which are mostly too low, I believe

The money for both the 2nd 43-101 as well as the PEA GBB already have set aside

Therefore the dilution will be 210 mil {30% lower than your estimate}

The oz's that we currently have on hand when the cutoff is lowered, & the nugget effect is calculated & added in {even @ only the 30% even though our bulk sample DOUBLED} will exceed the 2.5 million oz mark

We then will be adding the 28% cores [left from the 1st 101 + historic holes + 2 deep northern holes + current new SGS target. All of this will be completed BEFORE the 43-101 + PEA is completed by year end

Therefore we will be more likely 4+ MILLION OZ as in reality will already have approx 2.5 million when reworked

I expect POG will likely also be 2000+ by year end unless it breaks it's 10 year pattern which is highly unlikely

Once Obama is re-elected QE3 will follow quickly, also the inflation figures, which are being hidden from the public prior to the election, cannot be hidden much longer

My estimates all come in north of $1.00. takeover in about 1.5 years

NOT BASHING you but just my humble opinion

Bullboard Posts