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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 1:35pm
388 Views
Post# 17024824

RE: RE: maybe a stupid question.

RE: RE: maybe a stupid question.They say "Sell in May, go away."

That is more often than not true, but there are exceptions. From what I'm hearing and reading gold may be about to move out of the drop and consolidation pattern it has been in for the last couple months and make a big push towards the all time high of over $1200 and possibly set a new all time high. This move apparently is just about to begin. Among them is one of the worlds most respected gold analysts Jim Sinclair at https://jsmineset.com/ Should gold move higher it would tend to make all the good gold and silver miners and explorers bullish as well should that happen. And GBB will be doing a massive drilling program to begin to prove up the existing resource and expand on it with the first drill rig on site in about one weeks time on May 1st. Seems like a very bullish scenario to me to be thinking of much of a drop for the great potential GBB has at the current share price of 40 cents. Still very cheap imo.

glta,
bn
Bullboard Posts