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Bullboard - Stock Discussion Forum 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... see more

TSXV:GNG - Post Discussion

Golden Goliath Resources Ltd > Core photos and the hidden message
View:
Post by Goldman1801 on Nov 20, 2020 7:53pm

Core photos and the hidden message

GNG style has historically been a low promo, no pump type of company. They're super slow but methodical, the news updates thus far have been pretty immaterial and uneventful. It had heavily impacted share price. These photos could be viewed as a desperation move or skeptical pumping for any other company. But given what we know of GNG's culture it is extremely UNLIKELY that they would do this. IMO it is extremely LIKELY that there is something very material to warrant a massive zoom in with specific red circles. You will need to read in between the lines on this one. Due to its lack or promo/pump culture, GNG news is also slower to hit the broader market. The release today will allow time to float through the market this weekend. The change in short position, abnormal bid and ask lots are foundational setup to take this stock to the next level. Prior to this it was generally a few long term cheerleaders that held and traded. Expect big moves up as the potential speculative VG photos bring it to a new range of trading.
Comment by billk2 on Nov 21, 2020 5:58pm
You may be right but the proof of what's in the core is strictly in the assays. There may be a lot of speculation on those new photos especially 11 and 12 however there are millions of private placement shares that will be coming out against the purchases
Comment by Goldman1801 on Nov 22, 2020 12:56am
100% in the assays and 100% speculation at this point. Up until now GNG hasn't given a peep of exciting information even as the stock continued to slide down. They must know that to throw up blown up photos with red circles around "golden colored" markings will likely lead to the public to believe its VG or there is massive gold within the cores. As mentioned a move like this can be ...more  
Comment by billk2 on Nov 22, 2020 10:04am
Let me enlighten you as to what's coming free trading this coming week. There are 10 million shares that were purchased at five cents and another 10 million shares that will come due through the warrants at $.10. This is a major overhang on the price going higher
Comment by Goldman1801 on Nov 22, 2020 12:29pm
Finding the gold is the enlightenment. Your suggestions are just irrelevant noise that slows yourself down from reaching enlightenment. This stock will be 2cents or $2, nothing more nothing less. It's very simple for zero income producing junior gold miners. Pictures shown are highly speculative but it is out of character for this company to do such a thing which increases the probability that ...more  
Comment by billk2 on Nov 23, 2020 10:36am
If the company has what you and I think they have which is still speculation the stock price will be a lot higher than the two dollars per share you mention. However that does not negate the fact that there are still millions of shares that were bought in the private placement that are still sitting on the sidelines waiting to be unloaded. Keep your eye on Toronto Dominion and you will understand ...more  
Comment by MakeMoney2000 on Nov 22, 2020 1:55pm
First PP near 10 millions share in june 4 so on october 4 is on the market. 10 millions full warrantz at .10 on this first pp so between june 4 2020 and june 4 2021 to exercise it. Second PP at july 28 for 16 millions share become free trading in november 28 and 15 millions warrantz at .30 for two year ecept if the share price show .45 for consecutive 20 days their owner have 30 days to exercise ...more  
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