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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing about four rare earth element properties in Quebec and two gold properties in the Red Lake and Sault Ste. Marie Mining Districts of Ontario. It also holds a 100% interest in the San Timoteo property, located in the Sierra Madre Occidental Mountains of northwestern Mexico, as well as NSR royalties on seven other nearby properties. The four rare earth element properties in Quebec include Victory 21 Property, Citadell Property, Bedard Property, and Ernest Property. The Victory 21 Property includes about 18 map claims, 10 pending claims over 1200 hectares. The Citadell Property, Bedard Property and Ernest Property are located in Central Quebec, stable modern mining jurisdiction, which includes about 24, 22, and 34 map claims. Its Wish Ore Property is located 60 kilometers north of Sault Ste Marie. Its other properties include the Kwai Property and SLF Property.


TSXV:GNG - Post by User

Comment by moneymotivatoron Sep 12, 2012 7:21pm
179 Views
Post# 20354442

RE: RE: RE: Make it the 20 to 21 cent wall

RE: RE: RE: Make it the 20 to 21 cent wall

Yeap and they say a risen tide lifts all boats when this one barly nudged since the junior resource sector started warming up...as for the large sell order over we have seen over past few weeks, it would appear somebody or somebodies want some cheap shares or they just have an unusual amont of patience...

Theres been a lot of historical volume in the 17-25 cent range over the past three years if you follow volume by price. So I could understand why someone would want to cut their loses and try and break even. Lots of potential volume (sellers) in this range, but as to why someone would want to before potentially company news with the release of drill results from JV partner Agnico Eagle. At least stocks RSI is still above 50 which is generally a hopeful sign but still need to see some good drill numbers similar to what Comstock resently released. That should more than sufice ;-D

https://www.investopedia.com/articles/trading/06/pbvchart.asp#axzz26IgMY2bc

Cheers,

MM

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