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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 Sep 11, 2018 10:54am
173 Views
Post# 28596955

RE:Ore body highly likely at Nickel Mountain but !!!!!!

RE:Ore body highly likely at Nickel Mountain but !!!!!!The different approach this year i.e. not holding up impressive cores and doing frequent NRs, is understandable given all the criticism the company received last year for putting out poorly constructed, premature and incomplete NRs.  Obviously they do not need to raise money now.  So they are putting their efforts into the ground.  This does not in any way justify Brent Crook's calling the company "a scam."  He is slandering and libeling the company and he - like Stargate - has an axe to grind against the company.  Sad.  The share price did get a little frothy last year at (briefly) over $5.  However, it has pulled way back, providing an excellent entry point for those who would like to be part of what appears to be a massive nickel/copper district unfolding.  The value of high-grade nickel sulphide deposits easily justifies the current share price.  If new - which most of us expect in the next few days - backs up the scale we envision here, you will not likely get another chance to get in cheap. This is my opinion - not investment advice.
Bullboard Posts