Garibaldi GGI.V

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1 year 3 months ago #120289 by RonS
RonS replied the topic: Garibaldi GGI.V
Was at a Garibaldi luncheon yesterday. They are very excited about this next drill program that could go a long way in finding the larger source of this VMS system. I sat across from their Geophysist guy and nickle sulphide expert Peter Lightfoot and they explained their exploration theory and plan. If it proves out, things will heat up again with the stock

Here is a picture of some drill core from Hole 14, looked very nice, impressive



Discovery hole 14 (EL-17-14), collared 200 metres east of the historical E&L deposit (discovery zone) and drilled toward the west-southwest, has cut 8.3 per cent nickel and 4.2 per cent copper over 16.75 metres within a broader 40.4-metre section grading 3.9 per cent nickel and 2.3 per cent copper from 100.4 metres to 140.8 metres (approximate true width).

The 16.75-metre massive sulphide intercept also included 6.4 grams per tonne combined platinum and palladium, 0.19 per cent cobalt, 1.1 grams per tonne gold, and 11.1 grams per tonne silver.
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1 year 6 months ago #119635 by alexgreat
alexgreat replied the topic: Garibaldi GGI.V
Hoss, nice call. I think it hit $4.95 Friday before coming down. For sure was buy the rumor and sell the news

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1 year 6 months ago #119615 by Hoss
Hoss replied the topic: Garibaldi GGI.V
I think we need close around $4 to break through, then a retest of $5.00 high could be next but I don't like the triple top already there

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1 year 6 months ago #119614 by GoldnBoy
GoldnBoy replied the topic: Garibaldi GGI.V
Now at 3.63, we could be breaking resistance. Here is Ron's chart from Monday, where he talked about gap being filled and next move to test $3.50 resistance

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1 year 6 months ago #119607 by GoldnBoy
GoldnBoy replied the topic: Garibaldi GGI.V
That $3.50 area certainly proving its worth. Here is market depth, looks like a lot of computer bots with small orders.
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1 year 6 months ago #119599 by WealthyPlumber
WealthyPlumber replied the topic: Garibaldi GGI.V
Short volume hit new high fro Dec 1 report 6.1 million. Computer BOTS going to town on this one

shortdata.ca/?c=garibaldi-resources%20co...hort-sales&sym=GGI.V

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1 year 6 months 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

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1 year 6 months ago #119597 by RonS
RonS replied the topic: Garibaldi GGI.V

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1 year 6 months 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."

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1 year 6 months 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.

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1 year 6 months 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

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1 year 6 months 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.

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