GREY:RGVNF - Post by User
Comment by
Benditon Apr 13, 2011 8:56pm
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Post# 18428205
RE: RE: RE: Wellington again...
RE: RE: RE: Wellington again...BTW, Wellington has purchases 2.4M shares exactly as of today so if there is something in place, someone wants in or its a short cover.
As to the Eurogas fiasco, they are deficient in Q3 and Annual Financials so we don't have a source of future financings.
Management blew $1.4M and 6M shares on moose pasture on Red Mountain, not even on strike to AM gold.
Now we are out of money to continue operations as we can't sell the Eurogas shares and the Chinese group would love to do more PP's down here, further diluting us poor long serving shareholders even more.
All I know is its drying out in LA and RW says we are getting ready to case the wells and pump gas. Its good we have already paid all the money to complete these.
How much $$ we have in the till won't be known untill the yr end financials, promised by management for end of this month.
Back to you.