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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Metals & Mining Gold
Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company’s Canada properties include Quebec, and Wish Ore. Queb includes 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. The Wish Ore Property is located 60 kilometers north of Sault Ste Marie.


TSXV:GNG - Post by User

Golden Goliath Resources Ltd
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Comment by Cooper123on Dec 14, 2008 6:46pm
405 Views
Post# 15645458

RE: RE: Shareholders Rights

RE: RE: Shareholders Rights
It has the benefit of buying more time to find another suitor in the event of a hostile takeover. The existing share price of and this market turmoil would warrant a Rights plan if you don't want pennies for the company.

Paul, it is legal in Canada to buy back your own stock on both the TSX and Venture. I don't know the proceedure however. Some recent examples can be found if you search google.

I bought 20,000 more shares last week.

Cooper.

Bullboard Posts
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