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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 Sharpie009on Jan 06, 2013 5:49pm
189 Views
Post# 20803662

RE: RE: RE: GBB Production number$

RE: RE: RE: GBB Production number$

My question to the boards is $1.00 a share or around $200 million for 4-6 million ounces in Quebec with large upside exploration a reasonable number?

If you add the word economical in front of the 4-6 million I would say yes.  Unfortunately those numbers have nothing to do with GBB.

My questions. Is .03 a share a reasonable number for the following:

Financial Return  
Payback from start of production (years)                            6.80
Internal Rate of Return (before tax) 10.4%
Net present value, pre tax, 5.5% discount ($ disc.)                 74,300,000

NO Overvalued by .03 cents.

Bullboard Posts