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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 CarefulEyeon Jul 14, 2011 12:47pm
556 Views
Post# 18831529

Casey Research Maintains GBB "Hold"

Casey Research Maintains GBB "Hold"Released today, this comment followed a rehashing of the recent drill results:

Comments:   These results are consistent with past results and seem to show successful infill drilling. There are some good hits in the results, and some nice, high-grade intervals. However, with no updated maps, sections, or other indications of how the higher-grade zones line up (if they do), or how much waste rock there is within the large mineralized area, it's hard to say how this will all hang together. So, while this seems to be good progress, we're not tempted to change our Hold recommendation, not until things become clearer.

Am I the only one who feels that the company needs to get its reporting act together and begin to provide the kind of material that analysts' require before making informed judgements? This slackness is entirely unnecessary!!

Come on, Frank. It's no wonder we are lagging as the gold market booms. Let's get this act together. People are losing patience, and with good cause.
Bullboard Posts