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Goldgroup Mining Inc V.GGA

Alternate Symbol(s):  GGAZF

Goldgroup Mining Inc. is a Canada-based gold producer and is focused on the acquisition, exploration and development of advanced stage gold-bearing mineral properties in the Americas. The Company’s primary gold production and exploration and development related activities are conducted in Mexico. It owns a 100% interest in the operating Cerro Prieto project in Sonora. The Cerro Prieto project, located in the Cucurpe Mining District, Sonora, Mexico, is composed of the San Felix (205 hectares (ha)), San Francisco (10 ha), Elba (5.82 ha), Huerta de Oro (20 ha), Reyna de Plata (9.79 ha), Cerro Prieto North (2,508 ha) and Argonauta 6 (4,120 ha) mineral concessions.


TSXV:GGA - Post by User

Bullboard Posts
Post by massivemeltdownon Feb 08, 2010 11:31pm
809 Views
Post# 16765192

Shareholders...

Shareholders...seem to be skeptical of the valuations of the eminent bay street firm.  Tell me again how this deal is better than what TML proposed almost a year ago...based on the proposal in 2009, all things being equal, you could have sold your 0.80 of a TML share at around 0.60 today.  The current proposed business combination is obviously less than desirable based on the market reaction.  Perhaps some news on assay results will get this moving so I can close-out my position at a respectable profit....Wonder if TML will come knocking again with a 0.50 of TML share for SIM...I would tender without hesitation.  Picked up some Goldcorp calls today near the close as I suspect a bounce is in order but do your DD as the POG tries to find direction.
Bullboard Posts