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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 bob321on Jun 22, 2015 3:48pm
185 Views
Post# 23856553

3M oz or 4-5.5 m 0z, all Juniors are on Sale

3M oz or 4-5.5 m 0z, all Juniors are on Sale50 million dollars of work has generated a 3 - 5 M ounce resource in Quebec is on sale for 4.5 - 8 Million  market cap.

Other juniors are being bought up during this challenging finance time.

The upside is large ( the grade, depth, and work to date ), the downside is limited because of the C of A app[lication, the NSR application and the Takara spin out for shares.


Based on the progress to date, other than the poor cash situation which should be temporary based on the communication on the forum,  the shares are a bargain for people who can see the facts beyond the negativity.

This may be  a once in a cycle opportunity.


Bullboard Posts