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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 miktoneon Aug 25, 2011 11:25pm
366 Views
Post# 18981042

RE: HUM.. I was thinking about something ..

RE: HUM.. I was thinking about something ..Andy, no one here is going to convince you, but at 38 cents a share what do you think the risk reward ratio is? I say 50 is 10 times more likely at this point than 26 is. Maybe we won't prove 4 million ounces or be 3.00 a share ever, but we have already been twice as high as we are now and nothing has changed other than we edge closer to the RE and the spin off. Currently about 100 thousand shares available under 40, I say they will be a thing of the past by next week.
Bullboard Posts