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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

Comment by Flulion Mar 16, 2011 10:59am
254 Views
Post# 18292793

RE: RE: RE: RE: RE: RE: Fluli.....

RE: RE: RE: RE: RE: RE: Fluli.....I think these price targets are conservative and very doable, depending on the grade of inflationing by the western central banks. Silver could overshoot to the upside for some months for a short term ratio of let´s say 10 to Gold.

If you, Paul, are able to delineate an economic deposit - I mean only one (not the possible 3 or 4 in Uruachic) - and these price targets on the PM´s are coming true, then I think we could see a double digit share price (dilution out of 2 or 3 necessary financings notwithstanding).

Perhaps you could be able to sell parts of Uruachic to Agnico, Fresnillo or other biggies and use the proceeds to delineate an other deposit on the reminder of the property.

I am only dreaming but sometimes dreams become reality.

So I dream on and hold on to all the shares I am sitting on.

GLTA

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