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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 Mar 04, 2010 1:38pm
455 Views
Post# 16843709

Prety quiet...

Prety quiet...here considering pumpers of this deal were so adamantly stating their desire to buy up shares....interesting how quiet they are and one wonders why there are so many sellers.  I can't see how any shareholder outside management and directors would want this deal to proceed.  We need a white knight to come in and give this a hard value that is actually credible with respect to how the market perceives it since with all the disclosure about goldgroup and this transaction the market values SIM at 0.29.  Hard to argue with that eh?  lol.  Profitable Gold producer with no debt......soon to be no more...sigh. 
Bullboard Posts