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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 taylor1988on Dec 17, 2010 9:17am
342 Views
Post# 17861063

Skier

SkierJust because there's nothing happening here for GNH doesn't mean you have to attack GBB in anyway and if you don't call yourself a pumper then I don't know what you are as that last post sure sounds like pumping.  GNH's market cap has been beaten to a pulp due to impatient investors but there market cap should be valued at more than 50 million right now until some substantial news releases come out with information regarding the geology of the deposit be it bulk sampling or assay results.  Yes I agree that GNH has more zones outlined than GBB if you look at the structures they have confirmed unfortunately they do not have assay results to support this and have only come out with one NR since April for drill results.  GBB has two large structures they have now defined Long Bars Zone 1 and 2 and they have drill results to confirm the mineralization as well as latest E-NE E-SE hits outside the Block Model.  That's why we've upgraded from a $50 million market cap to where we are now, still undervalued but somewhat speculative if you can't manage to read between the lines from Basa' NRs.  Saying GNH is a better opportunity right now is crazy GNH is still subceptible tax loss selling and is dead until an NR comes out, GBB is shining right now and you should be kicking yourself if you didn't accumulate in the 50's.  Both are great stocks but GBB has longer intervals of better mineralization as well as an already completed much larger bulk tonnage sample done, $10 M more cash in the bank, more metres per month, upgrading to 3 drills in the near future.  Just because GNH is in a tough time doesn't mean you need to come here I totally agree with letting people know the potential of GNH but comparing it to GBB at this point is crazy.  I'd rather buy shares of GBB at it's 52 week hi right now than GNH in tax loss season.
Bullboard Posts