No Comparison Intended Re : GGN vis -a-vis ICN...if the gold bull continues every little extremely high risk and highly speculative
junior should do well...or at least better...my point is that one has only so much money to buy these juniors
and my personal "swing for the fence" stock is ICN in Nevada...there are many ,many more...If I possessed
more capital for my spec account..then GGN would probably make it in...and ALL of them need cash...
GGN was able to get the 15 mil from Waterton without too much dilution (15 mil wts) but debt is debt...
and most of the money was used to pay other debt...still fully diluted about 250,000,000 shares o/s...
Very few discussions of MANY of these prospective juniors paint a pretty picture of their finances...
Apples and Oranges...I do agree but what I really care about is making money on the "penny dreadfuls"
that I own...and IMO a purchase of ICN at these levels (5 to 7 cents) offers a better chance at a bigger
percentage gain...fully diluted about 60,000,000 shares o/s...potential dilution IS a big concern (for both
stocks)...the best thing going for GGN is that they are becoming a producer (albeit micro) and the worst thing
going for GGN is that they are becoming a producer...high monthly burn rate and potential glitches in
development (they always happen)...if gold bull is over it doesn't matter...we're all fooked...
Again I'm not dissing GGN...it is on my watch list FWIW...and I do appreciate the polite intelligent discussion
on this BB...that's what they were intended for and luckily come with an ïgnore "feature...GLTA