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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 fjunderwoodon Jul 27, 2018 6:42am
61 Views
Post# 28375632

RE:RE:RE:RE:RE:This is it

RE:RE:RE:RE:RE:This is itGood morning osfowler. In my opinion Frank and his team have always kept an eye on the stock price.  He has done what he can in issuing news releases to support the stock price. Some people complain about fluffy news releases but often it's the only news that can be released at that time. I don't think Frank likes to do nothing.  So with this knowledge I am expecting a news release very soon.  Assuming that the trenching did not yield over the top results Frank must be in a difficult situation with respect to releasing the interim results.  It seems clear that he is waiting and perhaps hoping or maybe even anticipating that the final assays to be received yield strong results.  He may even be extending the trenching, pursuing the visible gold they intersected earlier this month.  At the end of the day Frank will have a plan for moving forward.  The stock price may suffer if all that is gained from the trenching is direction on where additional trenching should be undertaken.

Okay enough of writing the stuff you already know.  What would you think of a buyout of GGM by CCW?  If you haven't considered this then think about the vast amount of shares in GGM owned by Frank.  I wish to be very clear that I have no insider information.  This is simply what I would do. Assuming CCW continues to develop and will soon be rich in cash, it makes sense that CCW acquire GGM thus allowing Granada to live another day. It would also make sense that GGM shareholders receive good value for their shares.Let's leave it at that.

Finally,  there may be those of inferior minds who can't wrap their head around this.  I'm not about to spoon feed them or debate them.  Let it suffice that I've already moved the majority of my position in GGM to CCW.  I know of others who have done the same.


Bullboard Posts