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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 Jan 12, 2011 4:33pm
400 Views
Post# 17962085

RE: RE: RE: RE: $10 per share

RE: RE: RE: RE: $10 per shareOh yeah I forgot about Europe! Even worse than USA! Portugal and Spain will be knocking on the bail out fund door by the end of this year if not sooner depending on those rising interest rates and at some point Germany is gonna start getting pissed as they are the only ones living within their means and will not keep financing everyone else's party forever. Worse case scenario the Euro collapses and money heads to two places: the US dollar and gold! And the smart money will rush to gold so $2000 gold by the end of this year is not out of the question. Roughly a 50% gain comin off a year that produced over 30% is not out of the question. Guys the only people on the planet who have ANY money are the Germans and the Chinese and at some point they will look to protect themselves and the only way to do that is HARD ASSETS with GOLD and SILVER bein the top dogs! Nothing can prevent the collapse of an overly abused paper money pyramid scheme and the smart money knows it! Be aware and protect yourself cause its all goin down over the next few years. The last time this happend 28% of all financial assets ended up in precious metals and the shares of the companies that mined them (@1980) At present that figure is less than 1%. The situation this time is worse by a factor of ten so u do the math and make your own decisions! All the best in 2011 and stay sharp!
                                        Longrider
Bullboard Posts