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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 ElGrandeBurritoon Nov 16, 2011 3:18pm
529 Views
Post# 19242684

Stellar Hole

Stellar Hole

I think todays news release was one of the most significant GBB has ever put out. The fact that mineralization higher than 1g/t extends (at least on some parts of the property) to dephts of 700 metres is extremely promising for the possibilities of Granada. I don't remember exactly what Basa said in a certain interview some months ago, but I think he said gold mineralization in parts of the Cadillac Trend relatively close to Granada sometimes occured at depths of more than 2 kilometres. Add this to the fact that hole 90-01 is still open at depth and I think you can imagine some mighty interesting scenarios involving more ounces than you can shake a stick at.

GBB is doing just fine fundamentally, folks, it's the valuation the market gives us that's absurd. Things will get better. Everything about this play says it will deliver greatly for those patient enough.

Can't wait for the results of Aukeko.

Burrito

Bullboard Posts