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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 lap49on Mar 08, 2011 7:29am
611 Views
Post# 18249530

email from Roger Thomas

email from Roger ThomasI received this email from Mr Thomas  My first question was about the insiders informations about Mr. Thomas

Firstly, I did NOT sell any shares. The filing I made was because the owner of the shares (not me) removed my trading authorization over the account.
There are still 2 rigs on Granada and one on the Castle silver mine.
Frank, Annemette and myself are in Toronto meeting institutions such as Scotia and National Bank Financial.
With $6 million in Treasury and about $4 million expected from the Quebec Government we will not need to do a financing in the short term. After the 43-101 hopefully in the summer I expect the 75c warrants to be exercised giving us another $ 6 million.
The future of this company has never looked brighter and the stock is acting very irrationally."

Lap49
Bullboard Posts