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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 6:41pm
113 Views
Post# 27605801

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

RE:RE:RE:RE:RE:RE:RE:RE:Skepticism on GGIInfidel, I think you're a step behind.  Sure, if they prove up a huge resource this year, you will call that significant de-risking.  Problem is, by then the opportunity will mostly have passed you by.  I made a lot of money because I got in as low as six cents, average about forteen cents.  If you wait for the proof, you will be rewarde accordingly.  That's fine if you aren't looking for the multi-bagger.  But you will definitely be late to the party.

I don't remember losing "an absolute fortune."  I did have a toe-hold in the stock.  Several hundred thousand shares, yes, but they were bought very cheap.  I participated in the pp in August because I had my eyes on the ball.  Holding on to the position put me in the driver's seat with connections to the company.

By "minions" are you referring to my wife or my sons?  I don't really have any minions.  I wish people would listen to me, though.  You do give me a lot of credit - and thanks for that.

I have gotten relatives and friends into this.  I can't think of why I would do that if I didn't expect a positive outcome.

I guess you and I will have to disagree about this company being a "hail Mary" at this point.  Too much data and too much confermation to call it that.  But I will agree that this is a very risky sector.  That's why I go big on the best ponies.  Suit yourself.
Bullboard Posts