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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
Post by don118on Jun 01, 2010 8:58am
450 Views
Post# 17145792

BMR site visit!

BMR site visit!With BMR spending four days on site, one can speculate, but by now that very  speculation should be quite accurate.
If things were not going well, I doubt four days is required to find that out. I believe there is something going on here that will be reported by BMR as well as an interview and an update perhaps.
BMR is very high on this play and by the way they have promoted the stock, it would appear they have put their reputations on the line. That in itself is a big deal.
I read a post from one of our great posters who I believe called the office. From what I understand the question of the spike to 45 that occurred a while back came up in the discussion. The speaker suggested that perhaps the spike was due to Frank's trip to the U.S. Regardless what was said over the phone it is my humble opinion that the spike was due to a good hit in the right place and a leak that was quickly shut down. BMR will see this!! or they already know.
We are now heading back up that way. The closer we get to news, the higher the sp will go. Some may try to hold it down but the pressure will become too great especially if BMR puts out a positive report paving the way for the eventual NR.
As for the wait, it is true that the Geos like to know how they are doing. There is a lot of gold being hit in Quebec and it is my opinion  that the labs are busy. I don't doubt for a minute though, that there is some way on sight to give the drillers et al an idea of how they are progressing. These guys are good at what they do.
Good morning to you all and good luck today.
Don
Bullboard Posts