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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company’s Canada properties include Quebec, and Wish Ore. Queb includes Victory 21 Property, Citadell Property, Bedard Property, and Ernest Property. The Victory 21 Property includes about 18 map claims, 10 pending claims over 1200 hectares. The Citadell Property, Bedard Property and Ernest Property are located in Central Quebec, stable modern mining jurisdiction, which includes about 24, 22, and 34 map claims. The Wish Ore Property is located 60 kilometers north of Sault Ste Marie.


TSXV:GNG - Post by User

Comment by Flulion Apr 26, 2012 9:33am
178 Views
Post# 19837971

RE: RE: RE: Looks on target to .10 cents

RE: RE: RE: Looks on target to .10 cents

Hi jpgag

I think the PM-markets need to bottom out, stabilize and after that building a base for speculative interests. That will take some time. One has to understand that there is no market at all for miners especially for exploration companies in this moment. News as good as they may be won´t cause a persistant reaction. This will change when the bottom is in. Then good news could be the positive catalyst for an individual explorer within a changing sentiment. If GNG will report good or better yet amazing results this could lead to a leading position within the sector (think CAN.V two and a half year ago). So I think for us shareholders and the company a good timing is as essential in the medium term (progress of the stock price, financing...) as good drilling results will be.

I know this is very hard to accomplish, but the better the timing of good news will be the better the company will fare in the future. Of course I am very sure that amazing news lies ahead of us. At least that´s the reason why I am invested heavily in this story.

So good luck for the timing and a good dose of patience regarding the progress of the PM-markets.

F

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