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

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 davidmb4on Nov 23, 2017 9:59am
99 Views
Post# 27018189

I think it is still too expensive

I think it is still too expensive$500 million market cap without assays. Lots of rumors of VB#2

Promoting their discovery holes # 1 to # 4.

Delayed their drill results. Always a bad sign. Waiting for something good to announce.

Finally release news and their first sentence talks about hole #14. That is always a bad sign. keeping retail investors interested while those with knowledge and experience are selling.

Drilling done for winter. Will restart in Spring. Now people are talking about their Mexican properties. 

Watch 200 day moving average @ $1.47. Stock must hold lower trend line @ $1.80. Yes, the stock might recover but chances are this will drift back toward $1 until next promo next spring.

Just my opinion. Don't own shares or shorts.
Good luck investing. 
David,
Bullboard Posts