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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
Post by dz20854on Mar 13, 2013 8:49am
348 Views
Post# 21121463

Sh. Friendly Cues: Mixed Signals

Sh. Friendly Cues: Mixed Signals

Positives: As an investor in another company, Frank criticized a stock rollback, saying it almost always leads to lower prices. Pennywise on things like trade show expenses. Likes to bargain, and not afraid to sue if he feels he has been cheated. Natural salesman (remember the BullMarketRun days?) Sets up shareholder forum.

Negatives: I think those invested in this company knew immediately when the contracts and warrants were issued for outside promotion, that this was a bad idea. Not only would it not lead to a higher SP, but the dilution and waste would actually lower the SP! When I called to complain, Roger told me they had found out that a lot of visits to the website were from Germans. Well, we are in the age of the internet and this can allow companies to get an international following for free-- the international following was already there and hiring foreign consultants has nothing to do with it. Also, in the age of the internet, people can see through phoney "hired" interviews. Remember that interview GBB did with SmartStox-- the hired guy with the phoney sounding laugh? As for Frank's salary: we are gold bugs-- setting the salary based on the price of gold works against the shareholders! The excessive salary foreshadows further dilution and depresses SP. The irony is that Frank would make more in total with a lower salary (from stock appreciation). Who is the guy that took a $1 per year salary and became a billionaire?

Bullboard Posts