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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 17, 2010 11:55am
261 Views
Post# 16893006

RE: RE: I'm Surprised

RE: RE: I'm SurprisedYes be patient but, I don't think it's going to drop anymore as it has shown a bullish tendency since the run up last week, which I thought had stopped short of where it should have gone. I was thinking more along the lines of .40 to .50 cents based on other juniors with similar results factoring the share structures.but that mark was cut short when it encountered heavy selling after .25 cents, which  coincidentally is the same price where Mr. Basa told Teatinmenow, he would like to set the PP at. Hmmmm...that makes you wonder a bit doesn't it? Also I've been watching the price movement of GBB very closely since the run up last week and I believe there have been some unusual trading patterns going on that has been very strange. Anybody else notice? For an example several times I've witnessed someone selling into the large bids overtop of the few shares at the ask when GBB was exhibiting fast and heavy buying and definite bullishness. Very unusual indeed, it is as if someone is trying not to make money. And it would leave me wondering who would do that and why?I thought it might be a MM that was trying to scare some shareholders into selling to accumulate more which I'm not sure isn't the case either as after a bit of a sell off there has always been a lot of buying towards the end of the day as if to pick up all the cheapies.This isn't so unusual mind you but just like clockwork though.When I learned there was a PP at .215 cents then everything made sense. Once the PP has been completed, which should be shortly, I think the price is likely to go up just ahead of the release of the assays for the last 13 holes drilled of the phase 1 & 2 drill program. In the meantime I think we'll be staying right here. Savvy investors will be picking up more at these prices I think. 
And it certainly doesn't hurt to have the Coffin Brother's and Bull Market Run's endorsement either.

jmho,glta
bn
Bullboard Posts