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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 Warlockkkon Jan 15, 2018 7:43am
209 Views
Post# 27356742

This rollercoaster is going DOWN!

This rollercoaster is going DOWN!Reason #1- Dishonesty, Sitting on the last cores and trying to hide them in a mountain of fluff in the next NR. Reason #2- The last cores will prove that the small high grade pods are not open in any direction. Reason #3- The company has twinned ALL the "good" holes of previous drilling and that was the best chance by far to find a huge, rich deposit. They may find more small pods that are not feasible to mine. Reason #4- They will NOT be drilling on that mountain till the VERY soonest late May, then add one month to send the first cores in, then like the cores we are waiting for, it could take more than 4 months to get a NR, so there will be NO more core assays till at least October. That's a long time to be sitting on dead money. Reason #5, After this next NR where they will try to bury the dismal results in a mountain of fluff, there will be a steady, slow bleeding of the SP over the next 8-9 months. Reason #6 When many investors see the next NR and realize that my assumptions are correct, they will bail, causing a run for the exit.
Bullboard Posts