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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 Aug 23, 2018 12:17pm
118 Views
Post# 28506274

RE:RE:Should I buy GGI?

RE:RE:Should I buy GGI?Funny how you, Star2D2, bleep on about "these inflated prices," when we are actually selling at a significant discount to last year's high.  The likely scenario, IMO, is that, since they are still, after many holes drills, focusing primarily on anomaly D, they are into a significant deposit there (otherwise they surely would have already fanned out in a desperate attempt to locate tonnage at one of the other anomalies).  Any time over the next few weeks (as early as tomorrow?), they will announce favorable results.  With a significant deposit already outlined, and not having scratched the surface at some of the other (bigger) anomalies, they will have a roughly outlined orebody of substantial value, and importantly, they WILL STILL HAVE INCREDIBLE BLUE SKY POTENTIAL.  After the NR, I would anticipate a share price MUCH higher than last year's high.

I could have recouped my entire investment twice over by selling just 100,000 shares.  I have chosen not to.  Let that speak for itself.  This is, of course, just my opinion - and not advice to anyone.
Bullboard Posts