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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 Apr 16, 2013 2:57pm
218 Views
Post# 21259926

RE: RE: RE: Gold Sell Off

RE: RE: RE: Gold Sell Off

average 2013 current expected total gold equivalent production cost for majors = $1391.

gbb is being priced for capital restructuring. gold in the ground is irrelevant if company that "owns" it has hit the metaphorical skids.

so the real question here is what it would take to persuade you to hop into bed with gbb and provide $10million of financing to get this property into production given the company picture and macro picture.

answer that honestly to yourself and you'll know what to do if you're an existing investor, or thinking of investing. all other chit chat is, quite frankly, irrelevant.

Bullboard Posts