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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 Apr 06, 2011 9:45pm
448 Views
Post# 18396739

RE: RE: RE: RE: RE: RE: Castle Silver Mine

RE: RE: RE: RE: RE: RE: Castle Silver MineHey FrozenBum,
                              Did my homework and if you check the Argonaut Presentation they are using a cut off grade of .16 YEAH .16 and they have a production cost of $584 and strip ratio of 1:1 and they are making almost $900 an ounce, but yeah you are right Granada can't POSSIBLY be economic. DOH! Homer Simpson called and said he needs some investment advice as he is thinkin of buyin some gold stocks and needs some input, NOT! Good luck in the future and hope all goes well. Am sure in a few years when Granada is the talk of the gold community you will spread the word about how you were smart enough to sell that stock years ago before it went up so much! LMAO!

Longrider
Bullboard Posts