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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 Nov 08, 2012 12:08pm
214 Views
Post# 20576857

RE: Question

RE: Question

No - OSK had more cash, more drills, less shares, management made better decisions.

But GBB is worth a lot more than current sp and as soon as the cash hole is sorted (which it will be), those institutions standing on the sidelines will want to get onboard because the boat will be about to set sail.

Genivar ponies up a decent settlement or GBB puts out a credible mining plan that's bankable - either of these will be game changers. Drill results don't matter when you have over 200m shares o/s and a cash gun is pointed at your head.

Bullboard Posts