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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 make11on May 27, 2013 10:43am
246 Views
Post# 21445186

RE: RE: New low at .02

RE: RE: New low at .02

The valuation is currently only about 2 CAD/ounce proven in the ground with 43-101. In reality there is a lot more gold, so we are trading max about 1 CAD/ounce in the resource. And gold is still about 1400 USD/oz.

Oh, the insanity. This gold madness is really going out of line. 

If GBB survives, the upside blue sky is truly magnificent from here.  At least there is no point to sell now if you have waited the share price to reach the current level.

Bullboard Posts