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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 steadfaston Nov 29, 2011 2:47pm
462 Views
Post# 19275633

GBB Finances

GBB Finances I am not going to think about GBB's Finances. #1 Priority is to get the 43-101 completed and out to the Public. If, they come up with 5M ozs and some in Measured & Indicated, GBB will quickly get on the Radar of the Institutions, money will not be an issue. In the meantime, the Quebec Govt will back the loan for the amount of money GBB are to receive at the end of December, as the money will not be paid end of year but sometime in 2012. There is also likely a quarterly tax rebate coming as well. Also there will be money coming fromthe legal fees they have spent on Castle, once the pp closes.Once the institutions get their year end selling done, we should move up, in the meantime what an opportunity we are given.
Bullboard Posts