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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 tomgraniteon Aug 29, 2017 8:12am
129 Views
Post# 26631302

RE:$1/share offer in the works?

RE:$1/share offer in the works?PMSL, dangling carrots is what Frank has been doing for the past few years and nothing has come to any meaningful fruition.

A $400mil pound takeover???? Biggest carrot yet. That would be a 20 fold premium, most takeovers in last couple of years have been around 50%.

We must keep in mind that the CoA is for collection of a BULK SAMPLE that will yield 75k ozs of gold over 3 years. There is an annual limit to the number of tonnes of material that can be transported from the site.
Bullboard Posts