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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Metals & Mining Gold
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

Golden Goliath Resources Ltd
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Comment by ganja50on May 16, 2012 4:54pm
225 Views
Post# 19917882

RE: RE: RE: RE: RE: Takeover and Charts

RE: RE: RE: RE: RE: Takeover and Charts

Fluli--I tried to buy 40,000 at 15.8 today and got all of 1000.  

I think it's possible that we bottomed today with silver hitting $27 and bouncing off.  Also the news that Federal Reserve was discussing easing measures.

I was hoping for a dramatic bottom but that may not be in the cards.  My guess is that the remaining holders of Pm stocks know what they have, are aware of the peril of the world economy and wont surrender their shares any further, unless, of course, gold and silver further decline--always the wild card--but my hunch is that won't happen.  I will be watching with interest.

These are weird times.  KGN has 5 mil ozs Au and more cash than its market cap, and I'm sure there are other similar situations!

 

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Dealroom for high-potential pre-IPO opportunities