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Generic Gold Corp C.GGC

Alternate Symbol(s):  GGCPF

Generic Gold Corp. is a Canadian mineral exploration company focused on gold projects in the Abitibi Greenstone Belt in Quebec, Canada and the Tintina Gold Belt in the Yukon Territory of Canada. The Company’s Yukon exploration portfolio consists of VIP Property (located in the Whitehorse Mining District), and other properties located in various regions of the Yukon Territory, Canada. The Company owns the rights to explore eight gold properties in the Yukon Territory of Canada. It owns four blocks of claims (the Belvais Project) in the Abitibi region of northwestern Quebec, proximal and to the east of the town of Normetal. The Project consists of approximately 278 mineral claims covering 8,148 hectares (ha) of prospective Archean stratigraphy of felsic through to mafic volcanic rocks, sediments, and numerous intrusions of varying age and compositions. The Company owns an additional block of about 109 mineral claims located near the town of Normetal, Quebec (the Des Meloizes Property).


CSE:GGC - Post by User

Comment by lifegoesonon Oct 29, 2021 12:40pm
130 Views
Post# 34064091

RE:News

RE:NewsChucker.... I agree, there were no results reported. What does this mean...? Perhaps they haven't received them yet and are just talking about the new targets they identified. Perhaps the results are so bad they will hold them to better market conditions, any company can delay anything they want since the geo has to sign off, who knows...? 

But the reason I remain in this play is they are in good company with AMEX ($2.79) and STARR ($2.25), so something must be there and gives me hope. Secondly, GGC has about $5M in the bank, so plenty of money to drill and promote when the time is right. I am encouraged by the buyer who stepped in this morning, usually means something for someone to do this so aggressively. But who knows exactly what is going on, always mysterious to play these type of plays. Accumulate at cheap prices and wait, patience is generally rewarded at some point. Lastly, right or wrong, I also own SKYG because they are doing work very near all these companies, so who knows what could happen there.
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