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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 skipjackmackon Apr 03, 2012 1:51pm
210 Views
Post# 19753907

RE: RE: RE: RE: RE: RE: the next report will be th

RE: RE: RE: RE: RE: RE: the next report will be th

yes. that's exactly what i'm waiting for...management's commentary explaining how we're going to move forward from this new line in the sand. i want to know how management propose to preserve+create shareholder value from here. i was hoping to read it along with the 101...as posted some weeks back, i said provided there was sufficient oz in the report their commentary would be more important than the 101 itself. cough cough.

IMO, GBB could achieve an adequate rolling start with some gold-backed financing and the current in-pit resource is sufficient. it would delay the resource proving process by about a year...but like i care if we're producing gold...look at GORO...a scaled down version of that would be just fine...and GBB could totally do it (positive, positive, positive, hugs, positive, positive).

now then, an announcement like that would really change the fortunes of the company (and the sp).

no need to mention a royalty program (it's a bonus). no need to mention 5-10m oz (cool, i have a really big *!?*). no need to mention lowering cut-offs (more tonnes to mill). no need to mention CSM (bonus). no need to mention deeper drilling or historic holes (awesome, bonus). no need to mention issuing more shares (phew).

The only thing around here that is truly "imminent" is the agm.

sjm

Bullboard Posts