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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

Post by Goldman1801on Oct 23, 2020 12:00pm
191 Views
Post# 31771057

Why?

Why?Many of us are not specialists in this field and most don't even fully understand what these news releases actually mean. But there seems to be a lot of exciting interpretations of the news. But what doesn't make sense is why share price doesn't move higher? Surely some experts out there must see the "potential", you would expect some big names jumping in to grab a position. There are many analysts and experts who follow these stocks for a living. I would have expected more bids raising up share price with all this "exciting" news. Instead we drift lower and float around the mid 20s... lets hope the actual results will be as exciting as the "teaser" news otherwise we may see a massive drop...
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