Rocketred
6 years ago
@Brent_Cook To be clear, my ass is not shriveled,and my initial intention on this thread was to bring some of the discussion to earth. Today it was brought to my attention that someone had accused me of being paid off to negatively comment on GGI and that I was making millions by shorting it. I have no position in GGI, never did and am unable to short Canadian juniors thru my US$ accounts and, am only paid thru subscriptions and stock trades. Secondly, I did not call GGI a scam, the answer to the question from Katusa was that is was as close to one I have seen recently. This was (is) based on the company's very poor disclosure, and the manic followers who are pumping this w/ little of no info. The targe To be clear, my ass is not shriveled,and my initial intention on this thread was to bring some of the discussion to earth. Today it was brought to my attention that someone had accused me of being paid off to negatively comment on GGI and that I was making millions by shorting it. I have no position in GGI, never did and am unable to short Canadian juniors thru my US$ accounts and, am only paid thru subscriptions and stock trades. Secondly, I did not call GGI a scam, the answer to the question from Katusa was that is was as close to one I have seen recently. This was (is) based on the company's very poor disclosure, and the manic followers who are pumping this w/ little of no info. The target is an interesting concept. If successful, it would be there first of its kind (to my knowledge) along the length of the North and South America Cordillera where exposure is pretty darn good. Just consider; The last assays were Oct 31, '18; GGI reported 22 holes remained for assay Dec 8 and I suspect drilling ended many weeks before that; the massive sulfide Ni rich ore they are searching for would be obvious to nearly anyone and sent for immediate assay and back by now; Any company with such a discovery would be at the Cambridge and certainly Roundup for well deserved bragging rights. It is now Feb 7 and nothing from the company for 2 months. So what does 2 plus 2 equal?
https://ceo.ca/ggi?3c3e502dad07
Jdoggg
6 years ago
FTMIG Sunday Night Live with Hoover and Engineer! (Full Video) – October 28, 2018 #GGI
https://www.ftmig.com/portfolio-view/sunday-night-live-hoover-engineer-ggi/
Join us as we dive deep into Garibaldi Resources' Nickel Mountain project with our Friends and Extremely Informative Contributors Engineer/ Yuki (@Engineer) and Larry Hoover (@Hoov)!! ?? ** Tonight's Host - Jonny Mac! **
Tonight's Highlights:
- Modelling GGI's deposit!
- Tonnage calculations, ballpark resource assessment and managing expectations.
- Geology!
- What the difference is between an "open" and "closed" deposit.
- Leap Frog deposit model.
- How we could have a mine, and how it would be mined.
- Specific gravity of rock (video), how it's calculated, and how to use the information..
- Engineer's calculations of $/tonne (eg: $ value of intersections, underreported low grade material - showing $/tonne).
- Garibaldi's low grade cut-off and the regulatory process in Canada compared to other countries'.
- Continued drilling up there this year vs last year.
- Still 8000 meters and 20 plus holes remaining to be seen, plus whatever they are drilling now.
- The assaying process.
- Environmental challenges associated with mining sulphide deposits.
- assays continuing well into 2019. Labs being backed up. 8-10 weeks for assays.
- Expecting to see assays and tonnage build throughout the year.
- Central Zone!
LIVE STREAM of our Sunday Night Live will be available on our FTMIG LIVE page at the following link: https://www.facebook.com/Followthemoneyinvestorgroup
Join our FREE membership for access to EXCLUSIVE early-round investment opportunities!
** https://www.ftmig.com/membership
Make sure to TUNE IN every Wednesday from 1-3pm EST on Midas Letter (midasletter.com) where we bring you the most current interviews, special guests, T.A., and discussions on the most interesting companies in the hottest sectors.
Built by investors, for investors. Be in the know and FOLLOW THE MONEY!
FULL VIDEOS are available on our website at www.ftmig.com and don’t forget to Like, follow, and share our FTMIG LIVE page, YouTube, and Twitter for all our exclusive videos and updates!!
https://www.twitter.com/FTMInvestment
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https://www.ftmig.com/portfolio-view/sunday-night-live-hoover-engineer-ggi/
tjguy
7 years ago
Well, the time of reckoning has come. News should be out by Monday morning and we will have our first official look at the initial assays that have been talked up so highly and have resulted in such a huge price appreciation.
Heard someone say that IR said shareholders should be pleased with the results, but that could mean multiple things.
Anyway, looking forward to the release of assay results that have been anticipated for so long!
Go GGIFF!
We seem to be pulling our neighbor, MTLFF, along for the ride as well.
Long both positions.
Gumby007
7 years ago
What’s really important to understand about GGI, Matt, is that not only do they appear to have the most significant Nickel sulphide discovery in Canada in at least a decade (perhaps since Voisey’s Bay), but there are several properties in their package of 14 or so 100%-owned properties that could be “company makers” for any Venture junior (Nickel Mountain will be a company maker for GGI)…
Success at Nickel Mountain is going to be a catalyst for unlocking huge value from those dozen or so other properties…GGI has the cash now to pick, say, 3 of the best in Mexico and B.C. (after Nickel Mountain), and take them to new levels…look how they cashed in years ago on the Temoris option in Mexico, and now on Nickel Mountain…there are other properties they can do the same thing with, without losing focus on their #1 asset…
Also…imagine for a moment if a certain major comes along during Q4 after Nickel Mountain assays start rolling out and decides, like Teck did with Diamond Fields before there was even a 43-101, to acquire 10% of GGI by doing a strategic investment at dollars per share to bring $50 million or more into the company…the possibilities here are absolutely staggering…
Comment by Jon - BMR — September 30, 2017 @ 8:08 am PST
Gumby007
7 years ago
"Garibaldi Resources started September on a powerful note and is ending the month in similar strong fashion at twice the price while closing a $6 million financing ahead of another exploration update. Rumor has it, closing of the PP – delayed by the Exchange’s re-pricing due to the September 1 material news – will happen by Monday at the latest. This should soon be followed by an exploration update."
"The GGI trading pattern over the past 2 months has been 2 steps forward, 1 step back, with higher lows and higher highs. Pullbacks, like we saw late in Tuesday’s session and again yesterday, have repeatedly been buying opportunities. Expect that trend to continue and GGI to soon reach its next measured Fib. resistance, as per John’s latest chart, in the $2.30’s. Ultimately, if Nickel Mountain is the best Nickel sulphide discovery in Canada since Voisey’s Bay as we strongly believe it could be based on all the information that has been put forward to date, even the $2.30’s will seem cheap in due course."