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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company’s Canada properties include Quebec, and Wish Ore. Queb includes Victory 21 Property, Citadell Property, Bedard Property, and Ernest Property. The Victory 21 Property includes about 18 map claims, 10 pending claims over 1200 hectares. The Citadell Property, Bedard Property and Ernest Property are located in Central Quebec, stable modern mining jurisdiction, which includes about 24, 22, and 34 map claims. The Wish Ore Property is located 60 kilometers north of Sault Ste Marie.


TSXV:GNG - Post by User

Comment by Flulion Oct 19, 2010 10:55am
153 Views
Post# 17581766

RE: Frustrated and Perlexed

RE: Frustrated and PerlexedTry to compare the results to the results from EVG.V. It´s not the grades that count for this new find but the impressive length of the completely mineralized holes and the appearance of the mineralization at surface (open pit possibility). Please look at the markets: there is a big fear out there that the PM´s will correct and the Juniors will get slaughtered again and so there is some anxiety to put the money in risky explorers in front of such a correction. But as the market senses that the correction will be shallow and short lived there is a real possibility that the PM´s AND the Junior Explorers will get the lift off they deserve.

GNG has high grade silver and now that new find at Filo de Oro. Put all of this together an we should see the shares  off to the races as the markets will be satisfied with the corrective phase.

Good Luck

F
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