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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company’s Canada properties include Quebec, and Wish Ore. Queb includes Victory 21 Property, Citadell Property, Bedard Property, and Ernest Property. The Victory 21 Property includes about 18 map claims, 10 pending claims over 1200 hectares. The Citadell Property, Bedard Property and Ernest Property are located in Central Quebec, stable modern mining jurisdiction, which includes about 24, 22, and 34 map claims. The Wish Ore Property is located 60 kilometers north of Sault Ste Marie.


TSXV:GNG - Post by User

Comment by Smiles48on May 15, 2017 9:28pm
95 Views
Post# 26247637

RE:RE:RE:RE:RE:RE:whats the hold up?

RE:RE:RE:RE:RE:RE:whats the hold up?
tabbiebarrie wrote:
The hold up is the share price.You can start a drilling program now but would have to dilute the bejeebers out of the stock via private placement. at thislow price level In my opinion. On the other hand It seems like a no brainer to me to start accumulating, sell some on spikes and buy back on weakness be patientl. When We get into 2018 the share price will gradually rise as the year progresses in anticipasttion of receiving Fresnillo funds and GNG will no doubt announce a drill program  with a topped up treasury without having to dilute. Good luck with your hope of a management change. Ain't gonna happen. Maybe you should sell now, take your capital loss and revisit again in late 2016 early 2018

You say a no brainer and time to accumulate, I checked back in time, you have been accumulating for at least 3 years now, you must own a bundle?

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