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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 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

Comment by Flulion Feb 04, 2010 3:54pm
175 Views
Post# 16753384

RE: RE: RE: RE: re:Ronnie Hawkins

RE: RE: RE: RE: re:Ronnie HawkinsI think it´s really time to overlook the statements from cadaval. We should focus on the exciting prospects of GNG. I am looking forward to the drill program this summer and I think with all the sampling done last year there is a good chance to encounter several high grade wholes which should give the share price the boost we are all deserving. I view GNG as the biggest chance in my overall portfolio. There are risks, yes, but the chances at these share prices far outweigh these risks in my opinion. It´s a little company with very good prospects assuming the price of Silver will go very much higher. But everybody who is investing in the PM-Markets has to be aware that time is needed to fulfill our goal to get attention and with that attention the high share price we are all hoping for should be possible. There has to be a sustainable climb of silver and there has to be a stock market which is stable at least. Then you need good drill results and enough cash in the till to advance the projects. When and if all these requirements come to pass we will succeed, if not, then you need luck to get drill results which are able to surprise the markets by a wide margin. But the most important thing of all is that you are mentally prepared that it could take longer time than you firstly have anticipated. Perhaps much longer. Patience is the word which is crucial in my mind. As long as you have faith in the management of a company and the lackluster performance of a stock is explainable, there is no need to sell the stock of this company, if there is something going on which is appropriate to reach the goal of this company. In the case of GNG this goal is to define an outstanding silver-resource in the Uruachic-District. I have that confidence and will hold this company until the goal is reached and I am sure it can be and will be reached sooner than we all expect it. Let´s get through this bad markets again and let´s look forward to the drilling campaign of this summer, I am quite sure this time could be the time! In my opinion Paul is doing a great job in believing in his project and bringing it forward, step by step. If you have no patience like cadaval this is perhaps the wrong place to be, but I am sure this applies to all exploring companies at least...

GLTA

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