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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 Jun 24, 2015 8:47am
137 Views
Post# 23862595

RE:RE:NSR myth

RE:RE:NSR mythI just don't understand how people think GBB will be able to raise funds that easy with their track records. Even after getting all the permits, you need money! Are they really thinking that people with millions to invest just do it blindly and care about us or the company? They only care about their cash.  This is million of dollars.  Anyone who will want to invest will request so much as a guarantee at the expense of shareholders: warrants, %, and more, make money and move on.  Unfortunately, I can see the shares out to dilute (double) before something of importance happens. The SP will continue to melt away.   Like Frank said,  he has to do it or it's closing shop.
Bullboard Posts