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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 oscar1412on May 07, 2012 4:26pm
287 Views
Post# 19881540

RE: RE: RE: RE: RE: Gold Sucks?

RE: RE: RE: RE: RE: Gold Sucks?

All I can say is that I think OSK's Cap-ex was about $900 million (Cdn ?) and that was a few years ago with lower gold prices than today.

Certainly very puzzling the current share price.  Market conditions are horrible.  But there is bad and there is bad.  It will be interesting to read the 43-101.  You would think that all we had was what is reported in the 43-101.  The 43-101 states that we are open laterally and at depth so we obviously have more than the 1.5 million.  The PEA would be really useful but I understand we have to wait for that also.

Bullboard Posts