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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 Jentaion Jan 29, 2018 1:16pm
163 Views
Post# 27455664

my two bits

my two bits

9-10 months before new assays results...wrong ...3 to 5 at the most with the 16 million dollars new drilling program starting at the end of April at the latest. I sold half my position but my wife is riding the ups and downs. I will probably liquidate my remaining shares to buy back when drilling will be announced. This for two reasons, for the next few months we are and will be in a downtrend with GGI but most important the market is overdue for a significant correction. There is no doubt in my mind, we will hit new highs in May or June but in the meantime, from my perspective it is safer to have a good portion of one portfolio in cash. On the other hand, my wife is more often right than wrong. She is still sitting on over 200k shares (she had 400k shares at one point) and do not intend to sell a single one. Time will tell who has the right strategy.

Bullboard Posts