RE:Callas wartet Placement..GCM participatingjuby shareholders are crying that they have been diluted by gcm. more cash to drill juby though. should not take too long to produce a pea to show the large value of juby.
that is instant profit for gcm since caldas share price is well above gcm buys.
western atlas shareholders are crying that they have been diluted by gcm too with their recent financing. that is instant profit for gcm again since wa share price is well above gcm buys too. their canadian exploration land next to agnico eagle's operating mine has as good a chance as any. take that exploration companies! gcm has multiple exploration birds in the bush too!
their strategy is to combine safe jurisdictions with less safe ones. would not surprise me if they buy a canadian exploration property for gcm too using their extra cash.