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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 > Big news is coming
View:
Post by Goldman1801 on Mar 03, 2021 1:40pm

Big news is coming

Marginal change in gold price is irrelevant when you hit the big load. Based on speculation of the most recent post by ceo, it is somewhat of a promo for the company, something for investors to get excited about. Considering the low promo and hype style of management it is out of character to be posting that. Which leads one to potentially speculate that something massive is about to happen. Given the current fragile state of share price and the trending down towards to single digits, anything less than spectacular would destroy share price. Management knows this and likely won't be talking if it wasn't positive. The asks volume are piling in, likely to keep a bit of cap on things for when it explodes upwards. As I mentioned, don't be shocked if one morning this week pre-market you see bids at 50 cents to 60 cents.
Comment by Goldman1801 on Mar 03, 2021 2:01pm
It could very well be that the most recent core holds everything. Perhaps it was always the target, hence the road being built and additional financing. It was to prepare for the long haul as that is where all the time will be spent. The last financing was somewhat quiet and done during a slow time for company and markets. Another speculation is that it was driven by a small group (likely nom ...more  
Comment by Smiles62 on Mar 03, 2021 3:45pm
I say 0.22 will be a resistance.
Comment by Smiles62 on Mar 04, 2021 10:01am
The IP at the lake is completed.
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