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Garibaldi Resources Corp V.GGI

Alternate Symbol(s):  GGIFF

Garibaldi Resources Corp. is a Canada-based junior exploration company. The Company is focused on creating shareholder value through discovery and strategic development of its assets in some of the most prolific mining regions in British Columbia and Mexico. Its E&L Nickel Mountain nickel-copper-rich massive sulfide discovery, approximately 18 (km) southwest of the famous Eskay Creek mine, contains some of the highest nickel grades recorded in magmatic sulfide ore deposits on a global basis. The Company's projects in Canada include Otter Creek, Palm Springs Property (PSP), Red Lion, and King. The Otter Creek lode gold prospect consists of 8,704 total hectares and is located 12 kms east of Atlin in northwest British Columbia. Its projects in Mexico include La Patilla, Rodadero, Tonichi, and Iris. The Company owns a 100% interest in the La Patilla property located in Sinaloa State, Mexico. The Company owns a 100% interest in the Iris property located in Chihuahua State, Mexico.


TSXV:GGI - Post by User

Bullboard Posts
Post by BullDragonon Nov 22, 2017 12:46pm
191 Views
Post# 27012452

Reality

RealityThe Reality is GGI is not worth $250 M - $500M market cap at this point.   Yes this deposit does have potential.  The recent results were okay...  I think this story was over hyped.  Obviously Sprott has been buying and isnt a idiot, it will be interesting to see what results come down the pipeline.  For now I don't own any shares but watching closly. I would be tempted to buy it around $1.25 to $1.50.  The proof is in the pudding. Until I see futher results and signs of higher grade.. This is a deposit in the middle of no where that is over hyped.   All I kept hearing was this was the next Voiyes Bay... Well at this point its hot air.  Time will tell, 
Bullboard Posts