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Bullboard - Stock Discussion Forum Granada Gold Mine Inc V.GGM

Alternate Symbol(s):  GBBFF

Granada Gold Mine Inc. is a Canada-based junior natural resource company. The principal business of the Company is the acquisition, exploration and development of mineral property interests. The Company is engaged in developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which is adjacent to the Cadillac Break. The Granada Gold Property is located five... see more

TSXV:GGM - Post Discussion

Granada Gold Mine Inc > Rolling Start Reduces Dilution & Adds Value for Shareholders
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Post by Bradwait on Mar 24, 2021 9:05am

Rolling Start Reduces Dilution & Adds Value for Shareholders

The Company is in possession of all permits required to commence the initial mining phase known as the "Rolling Start", which allows the company to mine up to 550 tonnes per day, capable of producing up to 675,000 tonnes of ore over a 3-year period of time. Additional information is available at www.granadagoldmine.com.

This company has a massive advantage over other gold plays in that it can and likely will use existing mills in the area instead of having to build their own. This means the Rolling Start is extremely feasible and the overall project CAPEX is far lower than most other gold plays.
Comment by 2008run on Mar 24, 2021 2:07pm
Yeaaaa, deja vue! Were you a GBB shareholder when it received the CoA (permits) for the Rolling Stall and the share price POPPED to a HIGH of  $0.155?  Why is the SP the same price today following all the dilutions and a 1:8 ROLL BACK and more dilutions vs ROLLING STALL???
Comment by Bradwait on Mar 24, 2021 2:19pm
No I was not a shareholder back then. Just bought some recently. There a very few stocks moving higher right now so that may have something to do with the quiet state here.
Comment by 2008run on Mar 25, 2021 1:02pm
Quiet here?  You mean DEAD looking at the i0 years + chart. It tells the ROI story of its' shareholders and why the fully permitted mine it's up for safe today! https://www.granadagoldmine.com/en/investors/media/ You might enjoy comparing GGM to QPM. QPM has less shares, an advanced HREE resources, several deposits and now drilling Sakami.
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