Click' Login' then 'Don't have an Account ' and join $$Lounge for free

Garibaldi GGI.V

More
8 months 1 week ago #119598 by DearJohn
DearJohn replied the topic: Garibaldi GGI.V
Thanks Ron, Junglist, looks like you called it bang on - we hit $3.49 and then started coming back down - last 3.37

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119597 by RonS
RonS replied the topic: Garibaldi GGI.V

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119596 by JunglistGuy
JunglistGuy replied the topic: Garibaldi GGI.V
Glad I got back in too. I think we will test $3.50 resistance and come back down some. Just my 2 cents. Thought this an intriguing comment in the press release

Dr. Peter Lightfoot, one of the world's leading nickel sulphide experts and a technical adviser to Garibaldi, commented: "The unusually high grades in massive magmatic sulphides at Nickel Mountain are indicative of an open system magmatic event within the Eskay rift collisional setting, an ideal structural environment for a unique discovery such as this."

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119595 by Hoss
Hoss replied the topic: Garibaldi GGI.V
Ok folks, I am back too, Bought back in Monday, considering struthers update and I bought back in over $1 cheaper than I sold, thought what the hell. Now I am up about 70 cents already.

As I mentioned last week, the stock never violated the cloud in a meaniful way and now the stock is back in the cloud on the daily chart. Here is the weekly cloud chart and we are still strongly in bullish territory.

Attachments:

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119594 by GoldnBoy
GoldnBoy replied the topic: Garibaldi GGI.V
Thanks Gambler, the map detail shows up nicely, agree about hole 14. Ron mentioned 3.50 as resistance, looks like we will take a stab at it last 3.42 here is depth

Attachments:

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119593 by Gambler
Gambler replied the topic: Garibaldi GGI.V
Glad to see I am not alone. I rolled the dice to and bought back some of what I sold higher. This has been a lucky hand for me. Actually a tight race with QMC. I pasted in the drill map here. Anyone have an idea where next holes are drilled. They show hole 14 and that is going to be an interesting one when assays come in.

Attachments:

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119592 by alexgreat
alexgreat replied the topic: Garibaldi GGI.V
Glad I bought back in yesterday. Thanks Ron again. I wonder if Sprott gets his letter LOL. He has been a steady buyer on this weakness and bought more on Monday according to Canadian Insider

www.canadianinsider.com/company?menu_tic...aribaldi%20Resources

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119591 by GoldnBoy
GoldnBoy replied the topic: Garibaldi GGI.V
Sure am glad Ron got us onto this one cheap. If you look around the net, does not seem to be a lot of coverage about GGI considering how hot the story and stock is. I found this brief video by Rick Rule, but is says very little

www.bnn.ca/investing/video/rick-rule-dis...di-resources~1255741

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119590 by lynnsa10
lynnsa10 replied the topic: Garibaldi GGI.V
Some very good numbers and stock reacting well. I already have some good profits out so will hold rest long term, as Ron mentioned, who knows how big this will become?

Please Log in or Create an account to join the conversation.

More
8 months 1 week ago #119589 by DearJohn
DearJohn replied the topic: Garibaldi GGI.V
2017-12-06 07:18 ET - News Release


Mr. Steve Regoci reports

GARIBALDI DRILLS 7.3% NICKEL AND 3.3% COPPER OVER 9.9 METERS AT NICKEL MOUNTAIN

Garibaldi Resources Corp. has provided the following update regarding its nickel-copper-rich massive sulphide discovery at Nickel Mountain near Eskay Creek including new high-grade drill results:

Highlights:

Drill hole EL-17-09 east of the historic E&L deposit ("Discovery Zone") has intersected two separate zones of mineralization including 9.9 meters of massive sulphides featuring 7.3% nickel and 3.3% copper within a broader 12-meter section grading 6.2% nickel and 2.9% copper; New potential at the historic E&L northwest zone continues to be revealed with EL-17-08 returning 39.3 meters grading 1.27% nickel and 0.81% copper, starting from 25.7 meters, including 5.85 meters @ 5.1% nickel and 2.0% copper; Additional analysis of geophysical data has greatly expanded the number of high-quality VTEM conductors trending north-northeast of the new discovery zone along a minimum 6-km Nickel Mountain mineralized trend leading to Anomaly "A".

Dr. Peter Lightfoot, one of the world's leading nickel sulphide experts and a technical adviser to Garibaldi, commented: "The unusually high grades in massive magmatic sulphides at Nickel Mountain are indicative of an open system magmatic event within the Eskay Rift collisional setting, an ideal structural environment for a unique discovery such as this."

Discovery Zone

Drill hole EL-17-09 expands the eastern discovery zone with a thick interval of nickel-copper-rich massive sulphides, along with platinum, palladium, cobalt, gold and silver, below a consistently mineralized and strongly disseminated 32.5-meter section grading 0.91% nickel and 0.69% copper (approximate true widths).


Hole # Interval width (from - to) Ni % Cu % Co % Pt (g/t) Pd (g/t) Au (g/t) Ag (g/t) *Ni+Cu (%)
EL-17-09 over 32.5m (122.0 - 154.5m) 0.91 0.69 0.029 0.287 0.530 0.245 4.6 1.60
Including over 15.55m (136.5 - 152.05m) 0.87 0.87 0.025 0.410 0.697 0.388 5.6 1.74
**And over 1.9m (152.05 - 153.95m) 5.98 2.56 0.208 0.324 0.557 0.057 12.1 8.54
EL-17-09 over 12.0m (175.5 - 187.5m) 6.16 2.91 0.168 1.020 1.868 0.680 9.0 9.08
**Including over 9.9m (176.6 - 186.5m) 7.35 3.33 0.201 1.174 2.101 0.783 10.1 10.69





* combined 1% nickel-copper is a minimum threshold for comparative analysis of composites
** denotes interval of massive sulphides (75-100%)



Historic Northwest Zone

Results from several Garibaldi drill holes into the northwest zone discovered through limited drilling in the 1960's support and exceed historic assays reported by Silver Standard. In addition, Garibaldi drilling and geophysics covering this zone suggest the potential for the discovery of much higher-grade material.

Northwest Zone Highlights:

Drill hole EL-17-08 has returned the widest massive sulphide intercept (5.85 meters @ 5.1% nickel and 2.0% copper) ever recorded for the northwest zone; Sedimentary rocks, never considered prospective for nickel-copper mineralization at the E&L by historical explorers, are now known to host massive sulphides; Potentially significant unexplained anomalies in borehole electromagnetic (BHEM) data for the northwest zone are being thoroughly investigated by the Garibaldi geophysics team led by renowned expert Alan King.


Hole # Interval width (from - to) Ni % Cu % Co % Pt (g/t)Pd (g/t)Au (g/t)Ag (g/t)*Ni+Cu (%)
EL-17-08 over 39.3m (25.7 - 65.0m) 1.27 0.81 0.045 0.268 0.505 0.222 2.5 2.08
Including over 6.0m (39.0 - 45.0m) 0.89 0.99 0.025 0.605 1.205 0.510 4.0 1.88
**And over 5.85m (57.8 - 63.65m) 5.14 1.99 0.197 0.264 0.388 0.193 5.1 7.13

EL-17-07 over 37.8m (38.1 - 75.9m) 0.73 0.65 0.020 0.222 0.346 0.213 2.6 1.38
Including over 9.0m (47.3 - 56.3m) 1.05 1.02 0.027 0.362 0.563 0.350 4.3 2.06
And over 8.9m (61.7 - 70.6m) 0.86 0.69 0.023 0.200 0.321 0.192 2.7 1.55
**EL-17-07over 3.25m (75.9 - 79.15m) 4.88 1.78 0.177 0.364 0.696 0.171 3.5 6.66

EL-17-06 over 36.3m (25.5 - 61.8m) 0.76 0.59 0.025 0.217 0.374 0.188 2.4 1.35
Including over 13.5m (36.0 - 49.5m) 0.88 0.85 0.024 0.403 0.690 0.341 3.8 1.72
**And over 1.9m (58.4 - 60.3m) 3.84 1.76 0.150 0.169 0.279 0.176 5.2 5.60

EL-17-05 over 43.7m (24.5 - 68.2m) 0.75 0.79 0.020 0.247 0.346 0.239 3.9 1.54
Including over 16.0m (32.0 - 48.0m) 1.06 1.08 0.028 0.393 0.589 0.380 5.3 2.14
And over 0.25m (66.45 - 66.7m) 1.58 1.07 0.075 0.170 0.074 0.178 5.0 2.65





* combined 1% nickel-copper is a minimum threshold for comparative analysis of composites
** denotes interval of massive sulphides (75-100%); all intervals in each hole are approximate true widths



New VTEM Targets Along Nickel Mountain Corridor

Ongoing interpretation of last spring's helicopter-borne versatile time-domain electromagnetic (VTEM) and magnetics survey carried out by Garibaldi has greatly expanded the number of high-quality VTEM conductors, from five to 14, extending along a north-northeast 6 km trend from the original E&L deposit and the new massive sulphide discovery zone to the east. Each of these new conductors exhibits geophysical signatures similar to "Anomaly D" at the E&L and will be prioritized for ground-truthing in 2018 to determine if the strong conductivity is due to zones of sulphide mineralization.

Updated Drill Map with Cross-Sections

To view an updated drill map with cross-sections, please visit the home page of the Garibaldi web site (GaribaldiResources.com) where the new map will be posted this morning.

Quality Assurance/Quality Control (QA/QC)

Garibaldi Resources has applied a rigorous quality assurance/quality control program at the E&L Nickel Mountain Project using best industry practice. All core was logged by a professional geoscientist and selected intervals were sampled. NQ2 drill core was sawn in half and each sample half was placed in a marked sample bag with a corresponding sample tag then sealed. The remaining half core is retained in core boxes that are stored at a secure facility in Smithers, British Columbia. Chain of custody of samples was recorded and maintained for all samples from the drill to the laboratory.

All diamond drilling sample batches included 5% QA/QC samples consisting of certified blanks, standards and field duplicates. Two certified ore assay laboratory standards and one blank standard were used in the process and were supplied by CDN Resource Laboratories Ltd., an independent laboratory located in Langley, British Columbia. Samples were submitted to SGS Canada Inc. in Vancouver, British Columbia, an ISO 9001: 2008 certified lab, for base metal, sulphur and precious metal analysis using Inductivity Coupled Plasma (ICP), Fire Assay (FA) and Leco methods.

Samples were prepared by crushing the entire sample to 75% passing 2mm, riffle splitting 250g and pulverizing the split to better than 85% passing 75 microns. Gold, platinum and palladium were analyzed using a 30 gram fire assay and ICP-AES. Total sulfur and total carbon were analyzed using a Leco method. Nickel, copper, cobalt, silver and base metals were analyzed by sodium peroxide fusion and ICP-MS.

The performance on the blind standards, blanks and duplicates achieved high levels of accuracy and reproducibility and has been verified by Everett Makela, a Qualified Person as defined by NI-43-101.

Qualified Person & Data Verification

Please Log in or Create an account to join the conversation.

More
8 months 2 weeks ago #119569 by Hoss
Hoss replied the topic: Garibaldi GGI.V
On the daily chart looks like GGI is dropping below the cloud. A bearish signal, but still very close, a little lower and I will be convinced it is headed lower. Out of my position now

Attachments:

Please Log in or Create an account to join the conversation.

More
8 months 3 weeks ago #119553 by ron
ron replied the topic: Garibaldi GGI.V

davplan wrote: Yes I'm a subscriber to Gwen's Maven letter as well as James Kwantes Resource Opportunities who had similar skeptical comments as Gwen's Maven letter.

I've sold most of my GGI on the way up and some now on the way down. Down to less than 10% of my original position.

Wow! this one seems way over hyped and glad that I loaded up before the train left. Has helped keep my head above water with favorites like Zonte getting killed (adding to that one of course at current lows).

Glad to be mostly out of GGI. Has a bad smell about it. I'd rather play in a different sand box.

Good luck all.
Robin


i used to be a subscriber of lawrence roulston,i guess he's still the one calling the shots,right,are you paying the highest subscription for the Gwen's Maven letter,have you made money with their stocks ?

Please Log in or Create an account to join the conversation.

Moderators: RonS
Time to create page: 0.243 seconds

Login Form