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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 CarefulEyeon Feb 04, 2012 5:27pm
334 Views
Post# 19490899

RE: RE: RE: RE: RE: RE: Updated In-situ Gold Valua

RE: RE: RE: RE: RE: RE: Updated In-situ Gold Valua

Oceans, I've felt all along that the winning strategy from the outset would have been to FOCUS all guns on an initial 43-101 based on the block model -- two bloody years ago. This would have meant instant credibility, big PP money for in-flling with RC drills, and prosperity for all. It all seems in retrospect such common sense.

But like you I'm only a humble shareholder without influence. If you've been here for a while (and obviously possess patience that Job would envy), you might remember that Jordan Capital was the main financial backer. My understanding is (and I don't know whether it's true -- guys like Oscar and Montreal would likely know), that Jordan insisted on "drill, drill, drill' -- expand the resource -- emulate Osisko.

Dumb, dumb, dumb.

 

Bullboard Posts