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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 CarefulEyeon Jul 07, 2011 3:14pm
534 Views
Post# 18807752

RE: Dominic Frisby says "buy GBB"

RE: Dominic Frisby says "buy GBB"Frisby's website published two audio interviews with Frank Basa, one in April of 2010, when the company was first garnering attention, and the second this past February 16, the day after GBB released its muddled (and ultimately disastrous) NR. Both interviews are on the company website:

https://goldbulliondevelopmentcorp.com/html-pages/investors.phtml

Obviously, Frisby knows Frank Basa well and has intimate knowledge of GBB. What is especially interesting is that, to my knowledge, Frisby has waited until now to issue a BUY alert in his newsletter.

Further news from today relating to GBB is that Casey's International Speculator released its July edition. Analyst Louis James remains lukewarm, grading the stock a HOLD. He repeats a "nervousness" (first expressed in CIS" initial recommendation a few months ago) over the company's "unusual way of doing things." While he does not elaborate here, his earlier reservation, FWIW, was that GENIVAR and its employees are "outside" contractors and thus without a personal stake in the company's success. In-house geologists, he reasons, would have far more incentive to advance the project.
Bullboard Posts