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Great Republic Mining Corp V.GRM


Primary Symbol: C.GRM

Great Republic Mining Corp. is a Canada-based exploration-stage mining company. The Company is engaged in the business of mineral exploration and the acquisition of mineral property assets. The Company is focused on developing economic precious and base metal properties of merit and conducting its exploration program on the Porcher Property. The Porcher Property group consists of over nine contiguous mineral titles covering an area of approximately 3,560.4 hectares in the northwest part of British Columbia, Canada, approximately 40 kilometers southwest of the city of Prince Rupert on Porcher Island.


CSE:GRM - Post by User

Bullboard Posts
Post by StayingLongon Dec 12, 2010 8:01am
440 Views
Post# 17834903

Forget about the BS of the past

Forget about the BS of the pastand let's deal with the FACTS

I just found a power point presentation on MDR's website done just last month, it's encouraging!!

https://www.mansfieldminerals.com/i/pdf/Presentation.pdf

Page 22 goes through the 4 stages of getting the mining permit. Phase II was file enviornmental report, done Nov 4, 2010. Phase III Enviornmental Report Approval .......within 60 days of the filing date (so that takes us to about Jan 4, 2011, only 3 weeks away!) Phase IV Salta Mining Resolution ............. 1 day, that's it.

Actually that entire presentaion is quite good.

Page 10: I didn't realize that in year 3 of production is scheduled to be the highest # of ounces produced @ 172,000 at a low cost of only $339/ounce.

Page 3: Fully Diluted is now 56.65 million shares and working capital fully diluted is around $10 million

Sure we have experience in things taking longer than we might have been lead to believe (but that's life ..... ever have a new home built and have it close on time 100% completed, no hitches?) so who knows for sure but at least we can safely assume (I hope) that the mining pernit is very nearly in our hands.

Cheers, Have a great sunday, ( & thanks for PERMITTING me to add some FACTS to the board), your bud is here, SL

PS: Please, please, please don't end up selling your shares out of fatigue or frustration, you'll be so sorry, you'll miss the surge HIGHER and you'll end up like my buds Miles and Elliott ....Take 20 seconds & have a look at my buds on youtube................... and think of them the day of the takeover after you have already sold your shares.

https://www.youtube.com/watch?v=laxyoaHOP1c

Bullboard Posts