Post by
Dirt2Oil13 on Aug 10, 2016 12:52pm
My Wish for 2016
I wish my investment was only 10K I won't say loss just yet.For what ever reason GCO is about to complete paper work to start to be listed again ok stop laughing... Not sure what they are doing but a none trading company on the balance sheet looks bad. EBD is pushing them to get house in order ok you are laughing again.On a positive note who in there right mind would spend all the money on lawyers fees to spin off companies to fold no one.No I don't understand Russian logic but they have also been able to get yet another continuance from IP.So IP not only gave them an interest free loan but 10 extensions to pay it back. GCO will trade again and at more than 2 cents I believe.GEMC is working on financing and it's has two good bites on its offering and plans to trade again.Hard to believe but both our stocks could be trading again and GCO has the ability to be first.Cobalt is around 12 dollars witch helps.I have been busy trying to clean up from forest fires and was evacuated for 30 days but moving forward again.GCO will shuffle board and will have a new CEO soon not sure what the big picture is but will be nice to be to be trading again.Bad news travels fast and since this has been slower than molasses we can only go up from here.Hang in there Rocket 500 were not cooked yet.Dirt2Oil13
Comment by
rocket500 on Aug 10, 2016 9:50pm
Nice to hear from you Dirt - we are all dreaming of getting our money back :-)
Comment by
Wisdomwithage on Aug 11, 2016 4:10pm
I agree! I had put all my Global Cobalt and Global Energy metals into my TFSA just before the halt. Not the brightest move so far! Cheers, Brit
Comment by
Censino on Aug 19, 2016 3:26pm
Hi, I heard as well that current CEO will leave position. Andrey told me in the past he had a plan and if he didn't succeed he would leave GCO. I guess his plan didn't work out. Wondering what the new plan will look like. Hopefully no massive dilution.
Comment by
Censino on Aug 19, 2016 5:01pm
Correction: andrey, current CEO will remain as director. He doesn't leave GCO.
Comment by
Censino on Aug 22, 2016 1:52pm
Hi Dirt2oil, Why do you believe GCO will trade above 2 cents? I believe the NR is imminent. Already 300000 volume on the bid side.
Comment by
DRYOASIS on Aug 22, 2016 3:53pm
GCO is still suspended on TSX.V ... where do you see 300k on the bid side ??
Comment by
Censino on Aug 24, 2016 7:33am
I see it in my account. I' m quite sure such volume was not there when GCO was halted. Hence, I thought that volume was building up already in anticipation of the NR. Or is this impossible. I got confirmation NR will come out really soon.