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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 make11on Nov 22, 2012 3:12pm
164 Views
Post# 20632947

RE: Hugh Potential

RE: Hugh Potential

Correct, but will we be at 1 billion shares or more after more extensive exploration of the resource?

We desperately need the offsite milling to start to bring in cashflow  and avoid these constant dilutions for pennies on the dollar of real value. Very frustrating, last case again 10% more dilution for absolute peanut amount of money (compared to the real value of the resource).

Patience is a virtue, but there is a limit to it also.

 

Bullboard Posts