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Granada Gold Mine Inc V.GGM

Alternate Symbol(s):  GBBFF

Granada Gold Mine Inc. is a Canada-based junior natural resource company. The principal business of the Company is the acquisition, exploration and development of mineral property interests. The Company is engaged in developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which is adjacent to the Cadillac Break. The Granada Gold Property is located five kilometers south of the mining community of Rouyn-Noranda, Quebec. The property includes the former Granada Gold underground mine. The Company owns about 14.73 square kilometers of land from a combination of mining leases and claims. The Granada deposit is a quartz-vein mesothermal gold deposit hosted by late Archean Timiskaming sedimentary rock and younger syenite porphyry dykes.


TSXV:GGM - Post by User

Bullboard Posts
Post by PaulTidlySron May 23, 2018 4:40pm
168 Views
Post# 28071740

Frank has Spoken

Frank has Spoken"The financing option we are reviewing looks very good so far but is not contingent on any results from upcoming drilling. Financing is based on what we have as a gold resource, the 75,000 ounces we are permitted to process and the longer term goal to get to 100,000 ounces per year production."  Frank Basa.

I just wish Frank would accept the financing and provide shareholders with some certainty based upon fact rather than uncertainty based upon conjecture and speculation.  I think we could see 40 cents if a financing agreement was inked and a clear path to the promise land was revealed.  Also, one has to ask why a deal has not been inked and what conditions prevent this from happening.
Bullboard Posts