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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 Apr 10, 2012 10:05pm
432 Views
Post# 19778738

Presidents Message - AGM

Presidents Message - AGM

Below are the items I would expect to see covered on Thursday:

1.  The Euro Swiss Capital Partners are expected to be on site ___ give date.  They will write a

      research resport and forward to potential European Investors.  It is important that we get a

      new base of shareholders.

2.  The Quebec Government are committed to sending GBB a ck for $2M.  We do not have a

      date when it will be received, sometime during 2012.

3.   ___  are responsible for compiling the Environmental Report and obtain permits so the

    80,000 tons of ore can be sent to a nearby neighbouring mill.  This will provide cash flow.  The

   Environmental report is to contain 4 seasons, whether ___ can obtain a permit without the 4 seasons

   remains to be seen.  While I had originally made arrangements to have this work done at our

   neighbours, due to Genivar not doing the report, the timing will depend if it is conducive to our

   neighbours schedule when we do receive the permits.

4.  Based on the above, it should not be necessary to do a PP short term.

5.  We anticipate receipt of the PEA (provide a date).

6.  We anticipate receipt of the 2nd 43-101 (provide a date).

7.  Shareholders Royalty Program

      I have been in touch with other mining companies to learn how they handled their program

      for shareholders owning shares in their RRSP & Tax Free Savings Accounts.  I learned ---

      The Shareholders Royalty Program will need to have a Shareholders Vote

      The Shareholders Royalty Program will NOT need to have a Shareholders Vote.

      Make it clear - either it does or it does not.

8.  Drilling Update

Any other comments shareholders would like raised?

 

 

Bullboard Posts