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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 longrider1964on Aug 22, 2010 4:54am
557 Views
Post# 17372446

RE: RE: RE: RE: RE: Thinking of buying into

RE: RE: RE: RE: RE: Thinking of buying intoNot a chance blueeagle! If they prove up 5-10-15 million ounces the grade could be half a gram a ton and this property would be monstrously profitable! They have no overburden and no town to move! Gold starts at surface and most likely increases at depth. All the infrastructure and labour they need just a couple miles down the road with all levels of government salivating at the possibility of another Osisko mine in the making! Even if it is a shallow deposit if they prove up 1000s of metres of strike then its huge, and that is a very distinct possibilty. Good luck on getting anymore cheap shares once the drill results start comin u will have to pay much higher price for those ounces of gold so close to the surface! The clock is ticking so gettem quick while u can!

Longrider
Bullboard Posts