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Golden Goliath Resources Ltd V.GNG

Alternate Symbol(s):  GGTHF

Golden Goliath Resources Ltd. is a Canada-based junior exploration company. The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario. The Company’s Canada properties include Quebec, and Wish Ore. Queb includes Victory 21 Property, Citadell Property, Bedard Property, and Ernest Property. The Victory 21 Property includes about 18 map claims, 10 pending claims over 1200 hectares. The Citadell Property, Bedard Property and Ernest Property are located in Central Quebec, stable modern mining jurisdiction, which includes about 24, 22, and 34 map claims. The Wish Ore Property is located 60 kilometers north of Sault Ste Marie.


TSXV:GNG - Post by User

Post by Goldman1801on Jun 16, 2021 2:23pm
220 Views
Post# 33396165

What a sad stock

What a sad stockGreat potential, tons of talk over the past 18 months or so but nothing material to show. Running on fumes with small drill program - hard to raise substantial money at these prices, couple that with poor past results. You can really see the difference in scale and resources between a little shop and the big boys like BTU and GBR. Only thing GNG seemed to have over them was an excess amount of talk hahaha. Quick math on mkt caps. If my calculations are correct...If GNG were to hit BTUs mkt cap, GNG price will be roughly 11 cents. Think about the scale and all that BTU has done vs GNG.... if GNG can even come close, the price will be at 11 cents only hahahah. This is the product of poor performance, cheap talk and mass share dilution. Shouldn't be a surprise though, there hasn't been a good historical track record.... besides good talk....
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