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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 Sharpie009on Dec 09, 2011 10:30pm
527 Views
Post# 19309374

Denial is not a river in Egypt

Denial is not a river in Egypt Lets see. 20 drill holes. I good hole over 1 g/t and one miss. 14 holes where the mineralization intersected was less than .5g/t.and of those 6 were less than .4g/t.And people wonder why this stock is at .17.Lets start another rumour that Osisko purchased this stock at.70. That laughable story has about as much validity as this deposit being mined economically. The market knows all and the share price is a reflection of what this stock is worth. 2-3 million ounces of too low grade material that will never be mined isn't worth $30 an ounce. Its worth diddly squat. Ergo .17 cents a share.
Bullboard Posts