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Re: buckiii2 post# 23821

Thursday, 11/02/2017 10:24:17 PM

Thursday, November 02, 2017 10:24:17 PM

Post# of 23979
Nice job on $ARLZ.

Lately I have been building a position in Garibaldi Resources - $GGIFF or $GGI.V

They have a huge nickel project in a highly prospective area of Canada and they are set to release drill results any day now. Big names have taken positions in the stock and it has been on a tear of late. There is talk of it being "the next monster find". The stock of the company next door, Metallis Resources($MTS.V / $MTLFF) has also has been performing in line with GGI. They too will be releasing drill results this month - any time. Very good results are expected - if indeed they find what they think/hope to find, the stock price will be hugely impacted.

I'm looking for drill results in the next day or two. For the risk averse, you could wait until the results are announced. For others, taking a position here anticipating good (and expected)results might prove quite fruitful.

Let me just say that IF they find what they hope to find, this stock has LOTS of room to run so it would not be too late to jump in at that point. My average is around $2.15 right now and the stock closed at $3.55 today so that makes me happy. Over a 50% gain, but I bought more today at that price as well.

Just for reference sake, the find it is being compared to - Voisey's Bay - was owned by a company that got bought out for $174 or so in that same area of the world. ($4.5 B! I'm assuming this is US $.) Currently GGI.V is $442 million Canadian and $352 million US$.

Sooo, IF it is as big as they think, - some are saying even bigger than Voisey's Bay - IF it is that big, we could be looking at a 10-15 bagger!

Here is the story of Voisey's Bay for comparison's sake: http://www.visualcapitalist.com/the-story-of-voiseys-bay-the-auction-part-2-of-3/

A very interesting story. Eventually

Check out the GGIFF board here for more info.

Other stocks I currently am high on include $CWBR and $HALO as well as $CTEQF. All have very bright futures!

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