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Granada Gold Mine Inc V.GGM

Alternate Symbol(s):  GBBFF

Metals & Mining Gold
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

Granada Gold Mine Inc
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Post by miner49er2on Dec 17, 2010 7:08pm
715 Views
Post# 17864823

Buy signal confirmed

Buy signal confirmedUpdated December 17, 2010

BUY
CONFIRMED
0.8100
+0.0400 +5.19%
Candlestick Analysis
Today’s Candlestick Patterns:
Long White Candlestick
Today a Long White Candlestick was formed. This shows that the prices advanced significantly from open to close during the day under strong buying pressure.
GOLD BULLION DEVELOPMENT CP
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 11.26.2010 (21) days ago, when the stock price was 0.6700. Since then GBB has gained 20.90% .

BUY-IF is confirmed by a white candlestick which has an open equal to the previous close but closing higher. The buying price is the previous close ( 0.7700 ) according to the Rules of Confirmation.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. Though the market opened lower today, the day’s activity created a white candlestick that closed above the previous close. This is a valid confirmation criterion.






https://www.americanbulls.com/StockPage.asp?CompanyTicker=GBB&MarketTicker=VSE&Typ=S
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