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 kersmashon Jun 01, 2016 10:23am

106 Views

Post# 24922844

RE:RE:Frank's Comments

BCsilver wrote: "Frank also notes that he doesn't believe a rollback would cause the share price to crash post rollback."

Well (imo) i'm sure that will scared a few off , Frank needs to keep that to himself.

"Our Opinion on Rollbacks

Normally, if we own shares in a company and a rollback is announced we will choose to immediately sell our position knowing that the share price will drift back down at which point we may decide to repurchase the shares or just ignore them all together. Remember, the reason for the rollback is normally to raise the price to make it easier to sell more shares." DYODD