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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 sailtakeron Sep 08, 2017 4:47pm
96 Views
Post# 26674006

RE:RE:Oversold?

RE:RE:Oversold?mbale...I just 1st want to show my thanks to the person(s)
that sold me 500,000 sh today, sometimes you just have 
to take advantage. Anyone who gets 10% cheaply, will not
get the next 56 2/3% cheaply, a hostile requires 66 2/3%.
Frank will not let this go cheap, if I recall correctly at one time he
stated he held 10M @.17c, and since has added a few M. 
He cannot discuss this but I expect he would want a double
at least, after 10 yrs of hard work, and looking at some recent
deals that have valued oz in the ground at $100, I think $50/oz
is not completely out of the realm of reality, which would put
a value of .65c/ share with 5M oz.
So, in answer to your question:
we will all say goodbye in a takeout, or if not a take out at
a much higher price. 5M oz. ( partially permitted) will not sit
on the side of the dance floor for long, and many long term
SHs such as yourself realize this. Keep the faith.....

 
Bullboard Posts