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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 23, 2012 5:37pm
199 Views
Post# 20638128

RE: Osisko

RE: Osisko

I fully agree. Enough nonsense from the management already. Promises, excuses and delays constantly. And of course massive dilution.

A 2,6 million ounce (likely at least 4-5) in Quebec trading for less than 20 million cad is quite an achievement from the management while all this time enjoying way too much salaries from the shareholders pocket.

Due to the low price, a lot of dilution could have been left out if the salary of Frank would not be so high. 

Time for a takeover to more capable hands if reasonable offer is given and to ride with that company to build the resource or move somwhere else. 

 

Very ticked off indeed.

 

Bullboard Posts