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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
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Comment by pumpthison Nov 10, 2015 10:04am
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Post# 24276687

RE:RE:The bloom is well off the rose

RE:RE:The bloom is well off the roseNobody has a crystal ball but I believe if this goes below $1000 US there is no support and will fall considerably lower. I don't believe that gold still maintains the safe haven anymore as it appears the US treasury can print as much money as it likes with no gold to back it up. China would have to push for a gold back dollar and I don't see that happening anytime soon with the amount of greenbacks they hold.
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