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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 CarefulEyeon Feb 05, 2012 11:35am
396 Views
Post# 19491914

Thanks Oscar

Thanks Oscar

You are an incredibly valuable contributor to this board. Mucho thanks for taking the time to share your unique knowledge about this company, and so clearly and concisely.

I only have one question: re :"The grade is there it just doesn't show up in the deposit. This is well-documented in The Abitibi Greenstone belt'? Wouldn't RC drilling have revealed grade? My limited knowledge of gold mining tells me it would have? If true, why did they insist on structure only? Jordan?

I'm sensing that the $.17 cap now has limited life. We all saw a couple weeks ago with the temporary run to $.23 what this can mean.

Keep the faith.

 

 

Bullboard Posts