GGL Resources Corp V.GGL

Alternate Symbol(s): GGLXF

Metals & Mining Industrial Metals & Minerals

GGL Resources Corp. is a Canadian junior exploration company. The Company has optioned and wholly owned claims in the Gold Point district of the prolific Walker Lane Trend, Nevada. The Gold Point claims cover several gold-silver veins, five of which host past producing high-grade mines, and a porphyry discovery. The Gold Point Project is accessed by Highway 774 and comprises 375 lode claims and seven patented claims covering a total area of approximately 7,443 acres. The Company also owns the McConnell Project (8,700 hectares), which hosts epithermal gold veins and an under explored porphyry copper-gold prospect in the Kemess District of north-central British Columbia. It also holds diamond royalties on mineral leases some of which are adjacent to the Gahcho Kue diamond mine in the Northwest Territories. It has an option agreement with Arctic Star Exploration Corp. (Arctic Star) whereby it can earn a 60% interest in Arctic Star's wholly owned Stein Diamond Project in Nunavut, Canada.

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GGL Resources Corp

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Comment by bert2818on Apr 17, 2007 10:07am

375 Views

Post# 12622048

RE: insiders

"just confirms they are raising money by converting warrants and options, so they don't need a deeply discounted PP." You are one of them 'they' or you are mighty ignorant. Most of that money goes into 'they' pockets, the co gets 12c and the rest of the shareholders get more dilution and holding the bag.

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