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Granada Gold Mine Inc V.GGM

Alternate Symbol(s):  GBBFF

Metals & Mining Gold
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

Granada Gold Mine Inc
Bullboard Posts
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(24)
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Comment by steadfaston Nov 27, 2014 8:10am
193 Views
Post# 23168904

RE:re re re scenario

RE:re re re scenario
PSYCO
You are using the wrong word - GBB do not have $60M in DEBT, they never have to
pay it back, they have $60M in LOSSES , money they had and spent drilling -  the  $60M
will be useful to avoid paying income taxes going forward  until they are profitable.

Quite a difference between DEBT and LOSSES. 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities