Garibaldi Resources Corp V.GGI

Alternate Symbol(s): GGIFF

Metals & Mining Industrial Metals & Minerals

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.

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Garibaldi Resources Corp

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Comment by niizijimon Dec 20, 2017 9:06am

100 Views

Post# 27194126

RE:RE:Guarantee

"You will clearly see what can happen here."

So the share price tanked on Timminco. So what?

1) Is TIM the same company as GGI?

2) Do you have a crystal ball that can somehow show you that GGI will follow the same trend?

3) Did anyone argue that what happened to TIM could not happen to GGI?

It's all about what we think will happen. If you think it is going to be another TIM, then you sell and/or short the stock.

If you think it is going to be a successful stock, then you buy while it is cheap.

If you don't know, then maybe either you stay out until more information comes out or you take a small speculative position.

Should I point out another Sprott stock that went through the roof? Would that make you reconsider your view on GGI?

I doubt it. So why should your example of TIM cause us to reconsider our view?

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