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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 4kingncountryon Oct 26, 2013 4:29pm
313 Views
Post# 21851717

RE:RE:RE:Writing on the Wall!

RE:RE:RE:Writing on the Wall!
You guys are brutal.  You really think you will get your money's worth with a financing backed with gold? You really think the lender will pay the ounce of gold at market price?  We will be lucky if we get it at $1200 /ounce pay back. Price of gold goes up to 2k?,  sorry still $1200...You don't get to pay off your debt faster.   Look around! Check other mining company.  Some did it and what a mistake. None of the deals they made turned into their advantage.  Who reaps the benefit first?  You? Me?  Of course not...The lender does... While roll back and financing, 100% profit in share holders...You with million of shares and me with 5 thousand.  Regardless, we both have a piece of the pie. What is wrong with that???

Yeah...And other big producers having a 400-500 million share float....Well, you know what buddy, they are producing gold and making $$$.  They diluted for one reason:  buy a mill and make money...MONEY....How many share do we need to buy a mill??? 100 million?  Let me show you:  1 000 000 000 oups...one too many zeroz.. But you get the point.. How long have we waste time on this. 1 year already passed...from a roll back at a dime to now 3 pennies...How about we wait another year...Really? Let's get this moving from the turtle to the rabbit track...Roll back,  strategic planning/press release to raise SP, issue shares and get the mill.
Bullboard Posts