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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 Apr 23, 2010 11:10am
232 Views
Post# 17023834

RE: Seems like Hype...

RE: Seems like Hype...Best go back and reread the news release. The conceptual block model is based on some drill holes but requires more infill drilling for a 43-101. Other drill holes reposrted well outside(100m or more) came up with very good numbers of 1 gram or more  of 20 meters starting at the surface. With a large drilling program planned for May to establish the continuity and wide spread mineralization I doubt the sp will drift down to the 30 cent level there will be plenty of buyers, me being one of them, that will take care of that and make sure that doesn't happen.

Oh, and as far as the conceptual block model is concerned, I believe OSK began there magnificent stock price surge with it as well. It's a smart way to do it.

GLTY
bn
Bullboard Posts