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 Warlockkkon Jan 23, 2018 7:22am

113 Views

Post# 27413886

RE:RE:RE:RE:RE:RE:Ok goldn...

"a derisked speculative buy"???? Really??? You say this is "speculative but derisked". In other words the RISK has somehow been removed or taken away??? Then later you say, "could be a mine or not". This is totally contradictory and makes NO sense. As long as there is hope and money they will continue to drill, At some point if they find it to be worth while, a mine feasibility study will be completed. If it is determined that it would not be economically feasible to build a mine with associated infrastructure, this SP WILL go back to pennies! Not just down 10% or 20% BUT DOWN TO PENNIES! Now please tell us more about this "speculative but derisked" play.

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