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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
Comment by twaveron Feb 22, 2018 4:56pm
115 Views
Post# 27605232

RE:RE:RE:RE:RE:RE:Skepticism on GGI

RE:RE:RE:RE:RE:RE:Skepticism on GGISo, Infidel, if people were just following Eric Sprott, then this thing would be at its all-time high right now.  They are not. It is not.  Yes, any stock that spikes up will generally come down at some point.  Not down to where it launched from, but a healthy correction.  That's what we have had.  Charging up for the next leg.

If this is a "religion" for me, I must be very polytheistic.  I have forty to sixty other stocks.  I am not "all in."  I have a disproportionate position here because the odds are exceptional.  

Everything you say, such as this has a one in ten thousand chance of being the next V.B., makes perfect sense - from the perspective of the beginning of last season, anyway.  But you conveniently ignore the significant de-risking we have witnessed through the last drilling season.  We now have tenor, grade, and huge potential for scale.  You have not adjusted your probabilities to acknowledge these facts.

Ultimately, the readers here have to decide whether to follow a successful investor or a skeptic who hangs around boards of stocks he doesn't believe or invest in.  I cannot think of any reason why I would waste my due diligence time doing that.  If I don't like a stock, I quickly move on.  This happens many times per week.  It just comes down to priorities.
Bullboard Posts