Garibaldi Resources Corp. (GGIFF)

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Wall Street Grand Report

Company: Girabaldi Resources Corp. (GGI.V)
Ranking: 4 Stars (2nd Highest Level of confidence)
Alert: $0.18
Website: www.garibaldiresources.com
Profile: http://www.wallstreetgrand.com/GGI.html

Many of you are familiar with our recent 4 Star Stock GGI.V from when we profiled it to you a few months ago at only $0.18. GGI.V closed on Friday at $0.285 currently up 58% for our club.

4 Stars is our second highest level of confidence.

GGI is a Canadian junior exploration company utilizing the most sophisticated remote sensing technology developed by NASA available to explore for new gold and silver deposits in Mexico’s Sierra Madres. By the end of 2007, Garibaldi had acquired over 3000 sq. kms of strategically located concessions close to some of the most robust gold and silver mining projects ever discovered in Mexico including Goldcorp’s El Sauzal mine, Coeur d’Alene’s Palmarejo mine, Gammon Gold’s Ocampo mine and Agnico-Eagle’s Pinos Altos mine.

Yes, that's right...GGI has acquired mines right next to projects of CDE, GG, and GRS!

Now the reason for this alert is because if you have been sitting on the sidelines which I'm sure many of you have, then the timing is RIGHT NOW for a second chance to get in before GGI starts to really breakout in the upcoming weeks, in our opinion.

One of the biggest gold/silver gainers for this past week was Paramount Gold (PZG). PZG was up 41% on Friday to close at $2.59 after they made their biggest ever discovery at their San Miguel project, which is an extension of CDE's Palmarejo. If you don't remember GGI owns over 4.6 MM shares of PZG they received by selling to PZG their option interest in the 54,000 hectare Temoris Concessions, which is adjacent to PZG's San Miguel and CDE's Palmarejo.

GGI's shares in PZG are now worth $12.08 million! GGI has 50.6 million shares outstanding and a market cap at $0.285 of $14.42 million!

This is a NO BRAINER!

Think about this!!! If we subtract the value of GGI's stock position in PZG, this means the market is valuing GGI at only $2.34 MM! This is insane! GGI could be the most undervalued gold & silver company on Wall Street!

GGI still has seven more gold/silver projects!

GGI is currently exploring its 100% owned 48,000 hectare Tonichi/Onovas property in Sonora State, Mexico. Various stages of exploration activity are ongoing on several high priority alteration target areas outlined by the Company's hyperspectral survey. You can read more here- http://finance.yahoo.com/news/Garibaldi-Exploration-Update-ccn-356811899.html?x=0&.v=1

Also, GGI's Morelos concession is approximately 25 kilometres southeast of Goldcorp's El Sauzal mine (built in 2004 to exploit a multi-million ounce epithermal style gold deposit that produced 274,000 ounces of gold in 2008 at a total cash cost of $149 USD/oz.). Garibaldi's acquisition and exploration program is the combined result of the discovery of Goldcorp's El Sauzal deposit and the advent of ASTER-SWIR satellite imaging which outlined a cluster of silica anomalies remarkably similar to the one underlying El Sauzal. According to a NI-43-101 report authored by Dr. Peter M Megaw the anomalies are associated with broad zones of advanced argillic alteration. Garibaldi has defined multiple drill targets at Morelos and had announced a selective drilling program with the company owned NQ diamond drill.

GGI's Tonichi and Onavas concessions consist of an area covering approximately 47,000 hectares located in Sonora State with similar characteristics as a number of well known deposits located nearby.
GGI's management has been successful in recovering more than 50% of the cost of the hyperspectral survey as Gammon Gold has joined Agnico-Eagle, Coeur d’Alene and Paramount in purchasing Garibaldi’s proprietary hyperspectral data. The company’s vast land holdings have just now reached a stage of development whereby the most advanced projects are near drill ready and a positive result can generate further interest to other companies and speculators.

Imagine if GGI was able to strike similar deals like it did with PZG with its other projects!? I have never been more confident in a gold/silver play since my #1 silver pick for 2010 GPR! GPR just recently hit a high of $2.90, up 226% since our announcement at $0.89. I have accumulated over 500k shares of GPR and still hold every share.

I have started to accumulate GGI and plan to hold for the long-term.

In my opinion, GGI could see a major breakout in the near future.

More Updates To Come ...




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Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. It is crucial that you at least look at current SEC filings and read the latest press releases. Information contained in this profile was extracted from current documents filed with the SEC, the company web site and other publicly available sources deemed reliable. The purpose of this advertisement, like any advertising, is to provide coverage and awareness for the company. Never invest into a stock we discuss unless you are prepared to lose your entire investment. WSG owns 506,400 shares of GPR and 183,000 shares of GGI. WSG may purchase more stock in the open market in the near future and will sell in the future. Past performace is not an indicator of future returns.WSG will trade the stocks mentioned in this alert which can effect the price of the stock. The information provided in this advertisement is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Everything stated in WSG alerts are based on my opinion. For our full disclosure please visit- http://www.wallstreetgrand.com/disclosure.html