RE:Granada trenches 0.5 m of 8.49 g/t Au at AukekoThis bullboard is entirely lame. Even our resident mining expert (Tom) fails to connect the dots and understand what is really going on. Whose to blame? I guess anyone who just sat back and failed to contribute or even ask questions. Granted this website became a place where bashers would jump all over anyone who even asked a question, but really folks I assume you invested your hard earned money in GGM and you should care.
In my opinion, the spring trenching campaign was a last chance exercise that could be completed much cheaper than with traditional drilling. With all the hype over the Genesis zone didn't you find it strange that no efforts were exerted in that direction? We now know that the trenching results were less than spectacular. Sure there is promise of more trenching but really folks this dog is operating with only one leg.
So where do we go from here? The smart folks sold their GGM shares months ago and likely bought CCW or a number of other stocks. There are lots of great stocks on the venture these days with investors making money hand over fist. But if you still hold your GGM stocks you must be asking yourself how low can the stock price go and what are the possibilties for GGM. Here are my predictions:
- There will be no 3rd party buyout.
- There will be no 3rd party milling agreement.
- The stock price will languish until CCW can secure a mill purchase agreement.
- Only when GGM has a legitimate mill to process it's ore will we see a significant increase in the stock price.
- If I still owned shares I would be waiting until the CCW dividend is announced in early 2019 to take advantage of a short term boost in the GGM share price.
That's it my friends. I hope you learned something from this bad experience. I wish you all the best.