RE:RE:Sorry LONGSIf the financing does get done there will be no quick ride, at the most 5 cents but not to .30-.40
There will be a dilution that would scare even the most bullish LONGS...
There is no good outcome either way, getting or not financing...
If they get financing there will be HUGE DILUTION followed by a CONSOLIDATION, if no finanting SP goes to 0.00
There are too many bad things that accumulated...bad deals that stay in the way of new financing and canceling those bad deals will cost money and even possible lawsuits that can ruin any chance of it ever getting off the ground.
Money that was spent so far into new machines will not cover to pay back OLD commitments (plus interests and penalties) because a big % of that money went into labour, salaries and bonuses...If any one of the stream beneficiaries start a lawsuit the Company is in danger of their assets to be frozen therefore even a new financing can get to a stop even if just temporary and that will mean quick death to LONG investment...
Wake up people and think for yourself...not that hard to see the supper high risk of even getting in at 0.10...there is no good price to get in yet...ofcourse you can risk making a couple cents by playing the waves but risk of a halt while you're bought in...
Just my own opinion...way too risky even if we heard soo many times from GB the project derisked...LIES and DECEIVING
TeddyBear wrote: hesitate at 19 cents for a quick ride to 30-40 cents in case PG deal close but happy to keep out.