Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Sinbobon Aug 17, 2017 3:06pm
136 Views
Post# 26593241

Obstacle and/or opportunitiess?

Obstacle and/or opportunitiess?I emailed Frank last week and he replied he 'would prefer' not to do a rollback, which I had inquired about yet again after hearing  his last presentation wherein he mentioned a potential rollback (as per Atlanta). Of course we have had 101 perspectives on this from all the 'experts' resident, many of whom have multiple handles and others who are just honest investors interested in their long term investment in GGM. It is more than understandable how doubt and impatience have saturated the atmosphere. GGM is not unique here.

I believe Frank has done his level best to honour his committment whilst juggling pie plates on poles for years now.  He is probably trying to reduce/delay expenses in order to keep above water just a little while longer until the climate changes rapidly to pro gold/silver in the markets. This, I believe, is imminenent. Once that happens the game changes and the trading volume and interest coming into the junior PM sector shifts to demand from supply.

We have already seen the wind pick up as several junior explorers have already jumped by multiples in their pricing, some by hundreds of percent. The momentum is beginning to change and it will inevitably swell from ripples to waves to tidal waves. The world is on the precipice financially, politically and economically. Risk and leverage is being chased like never before as junk bonds compare to gov. bonds. Debt based assets are being challenged rudely. Where can 'they' get returns? What has intrinsic worth?  A shock can come at any time. The rapidity of change could be breathtaking due to the pent up pressure.

If Frank can hold on, the collusion of the  'no bids, low bids' farse that now denies the real value of a 'GGM' to anywhere near 10% of it's launch power, will be obliterated in the forthcoming blizzard of demand for the only real money/currency/ store of value that has ever existed in 5,000 years.

Can he wait them out? I say 'yes' ... and it is only a matter of time, because as we all know, time is money. Just think of the time, labour, resource and intellectual investment that is GGM ... and and many others. Keep your eye on the black ball if you want to clear the table.

Hang in there Frank and all investors here with integrity. A good Scotch ages well.  
Bullboard Posts