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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 radcaton May 24, 2020 10:33am
103 Views
Post# 31066162

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Big action today!!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Big action today!!Years of drilling to prove up a resource, many PP's needed to determine a resource assuming continuous good drilling results, then raise additional funds to build facilities. PP=dilution=reverse split, is often the case with Jr. mining. Unlike senior producers who have cashflow from other operations to finance a new venture, Jr's typically do not. Resemblance? Other than this nothing at all. I used Victoria Gold as an expample but could have used others to prove a point. If waiting isn't your thing then neither is Jr. Resource investing. 
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