OTCQB:GGISF - Post by User
Comment by
Lock12345on Jul 27, 2020 9:07am
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Post# 31322928
RE:RE:RE:RE:RE:RE:Almost $1900 USD Gold Price...
RE:RE:RE:RE:RE:RE:Almost $1900 USD Gold Price...prouditalian wrote: personally I hate the pump and dump marketing strategies of juniors and stay away. Id rather buy 2 mil bucks in a good producer to make 50% return. Had Barrick for a double...now holding KL for hopefully another double.
GIS has cash and a well repected management team. I dont see it as a pump and dump but their drill results have been avergage...what do you expect management to do here? hire a byunch of pump and dump Vancouver promoters so u can exit?
Let them find gold and hopefully they will have a viable mine in future. For now, its not happenning.
We are each entitled to our opinions and ours certainly differ. GIS is not nor will it ever be a Kirkland Lake or a Barrick. It is a junior exploration company and needs to promote itself during a rising gold market. 99.9% of these junior plays never become mines but instead market themselves and sell themselves to mid-tier or senior gold producers. You may call it a pump and dump strategy but I call it sales and marketing which these juniors need to do to attract investment to drill so they can eventually sell what they have to produccers like you have mentioned.
GLTY
Lock12345