OTCQX:GLDXF - Post by User
Comment by
moneyhungry87on Jul 04, 2016 11:32am
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Post# 25019691
RE:Future
RE:Futureat these gold prices the money is there for the mine. first, the bankable feasability has to be completed that is coming this year...to make everything official...lenders will want to see it. we only need 300M Frank G alone is a mult billionaire. the international finance corp which helped finance GUY will probably pitch in etc. all we needed was a rising gold price environment to get the ball rolling.
on the bright side, we may not have to issue any shares to help with financing, we could probably get all debt. worst case scenario I think would be 50M equity...if our SP is $2 come this time ( feasability study is due december 2016) then we are talking 25M more shares issued.