Garibaldi Resources Corp V.GGI

Alternate Symbol(s): GGIFF

Metals & Mining Industrial Metals & Minerals

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.

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Garibaldi Resources Corp > GGI Stockchase BNN opinions - Don't buy/SELL!!!!!

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Post by besttobeon Sep 28, 2023 8:00am

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Post# 35658740

GGI Stockchase BNN opinions - Don't buy/SELL!!!!!

DON'T BUY

Its BC nickel play. Doesn't like GGI. Last year this was a darling stock, but their drill holes haven't impressed him.

Mining

SELL

A mining company – Nickel in BC and Mexico. This stock has never done really well. To get to production is a whole different ball game. There will probably be quite a bit of dilution still to come. He would sell it if he held it now. Maybe in the long term they could do well.

Mining

RISKY

It's stuck waiting for news. No reason to go lower though. Buy, then wait to see how it goes.

Mining

COMMENT

A typical Sprott speculation. It is either going to really work or really not work. The discovery hole was spectacular, although an odd style of mineralization for where it was in northwestern BC. Management is very credible. Don’t use money that you can’t afford to lose some of.

Mining