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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 tondonon Jan 29, 2013 3:30pm
264 Views
Post# 20907513

RE: disagree

RE: disagree

4kingncountry

Please provide an example of a junior explorer  that has rolled back their stock and has not wiped out investors in the process.

Just ask a few GBB longs that have been here to long, they know the name of that tune.

Sure GBB can do a 10:1 split.  The stock would be at current levels 0.90 cents overnight.

The only problem is the SP will be driven back down sub 0.10 cents in weeks.

In fact there are currently   212,922,574  reasons this will happen.

The bulk of the mass exodus will happen within the first days if not hours after any roll back announcement.

The only time a roll back has a snowballs chance in hell is when the stock moves to the big board, and that is not going to happen here. GBB will still be a junior explorer trading on the venture.

If you are frustrated with the current share price, you will unquestionably not like the predictable outcome of a roll back.

tondon

Bullboard Posts