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Granada Gold Mine Inc V.GGM

Alternate Symbol(s):  GBBFF

Granada Gold Mine Inc. is a Canada-based junior natural resource company. The principal business of the Company is the acquisition, exploration and development of mineral property interests. The Company is engaged in developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which is adjacent to the Cadillac Break. The Granada Gold Property is located five kilometers south of the mining community of Rouyn-Noranda, Quebec. The property includes the former Granada Gold underground mine. The Company owns about 14.73 square kilometers of land from a combination of mining leases and claims. The Granada deposit is a quartz-vein mesothermal gold deposit hosted by late Archean Timiskaming sedimentary rock and younger syenite porphyry dykes.


TSXV:GGM - Post by User

Bullboard Posts
Comment by Blacknite4on Mar 10, 2010 4:36pm
317 Views
Post# 16867649

This will move higher soon imo

This will move higher soon imoNice DD Teatimenow!

I had no doubts this one was a winner after I read the news release.

I liked these comments highlited :

Combined with the positive results we got from a large bulk sample, we're very confident we'll succeed in our objective of defining an economic, bulk tonnage deposit at Granada that is amenable to open-pit mining," Frank Basa further states. "The fresh approach we've taken to the former producing Granada Mine is returning excellent results for our shareholders as former operators concentrated their efforts on only a small footprint around the original mine workings. It now appears this system is massive which is why we increased our land package to 2,300 hectares and will explore it systematically with a great deal of anticipation and excitement. This is the first time we've ever drilled this property, and not only are we getting positive results but we're adding to our geological knowledge of what could be driving this widespread mineralization over significant widths. This will aid us immensely in our upcoming expanded drill program. We are working closely with GENIVAR, our geological consultant, to analyze data, quantify new resources and upgrade historical reserves at Granada to National Instrument 43-101 compliance."

This stock should be a minimum of 50 cents going by similar results with other juniors.

I didn't hesitate at .26 cents. I can wait. It will come soon enough imo.

No worries.

GLTA,
bn

Bullboard Posts