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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company’s Canada properties include Quebec, and Wish Ore. Queb includes Victory 21 Property, Citadell Property, Bedard Property, and Ernest Property. The Victory 21 Property includes about 18 map claims, 10 pending claims over 1200 hectares. The Citadell Property, Bedard Property and Ernest Property are located in Central Quebec, stable modern mining jurisdiction, which includes about 24, 22, and 34 map claims. The Wish Ore Property is located 60 kilometers north of Sault Ste Marie.


TSXV:GNG - Post by User

Post by Flulion Mar 10, 2011 12:54pm
193 Views
Post# 18266320

Golden Goliath

Golden GoliathRegardless if Silver is at 30 or 40 $, GNG will perform along with the willingness of risk investors to put their money in the mining sector.

We had some good promotion with the mention in the Dines-Letter, now we need follow through with a flow of good news. We need a drill program from Agnico and a drill program for ourselves. We need some good news regarding the silver mountain we are sitting on. Without news there won´t be a share price appreciation beyond the 70 Cent-Mark.

These shares are driven from risk-capital, news and marketing. Marketing has already happened, now the news-flow should be steady to back the already accomplished appreciation of our share-price. Risk-capital is ebbing a bit for the time-being, but should be back soon as long as money is printed like crazy around the world. The "Martensen-Scenario" of a new deflation rout would put too much risk on the table for our beloved politicans that a breakdown could spiral out of control. So they talk about taking money off the table, but they won´t take it away. I am pretty sure.

So please let the news-flow start as soon as possible, Paul.

GLTA

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