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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 waranton Aug 24, 2014 12:29pm
203 Views
Post# 22872818

RE:RE:Straight logic

RE:RE:Straight logicI agree; but you got to take into account that if IAM bought out GBB they would only buy the resource that every one is saying is there. I believe right now IAM gold shares all included is around 405 mil , from other posts on here some put the resource at 1 billion, so to be really conservative and take 1/4 of that to get things rolling it would work out between $2- $4 more invalue to IAMgold. This would increase their market cap. As for sp in jr. explorers such as GBB I agree, but not so much when it come's to major companies like IAMgold. 

Why do you think, will all the work that GBB has so far put into this play we are still only at 7 cents? Be good to get other peoples reasoning on the low sp. There are a number of companies out there have no where what GBB has and they are trading anywhere from 10 cents to 30 cents, some thing dont't make sense.  imo Cheers
Bullboard Posts