Post by
Co2Harvest on Oct 26, 2023 6:08pm
Am I reading that press release right
Or is my brain fried.. Dan and Keith are participating. Does that mean that they are putting more of their own money where their mouth is? So on one hand this is more dilution but on the other, the units are being bought by the CEO and chairman of the board? If that's all true, the big question in my mind is are they the only participants and if not, how many units are they buying?
Comment by
blessings20 on Oct 27, 2023 10:14am
I am a long time share holder & that is all. Because of that I have been offered to join in on this offer.
Comment by
Co2Harvest on Oct 27, 2023 4:11pm
Ah, insiders and long term investors. That makes sense. Here's hoping that with this placement, they have enough financial runway to get through the remainder of the permitting process. GLTA
Comment by
blessings20 on Oct 28, 2023 9:19am
I am in with 200 K. Mininum is 40K
Comment by
Co2Harvest on Oct 28, 2023 5:22pm
It seems like a good deal at $0.125 per unit. That is tempting. Even though $5M doesn't likely buy them much time on its own, all it would take would be a nice stained run up in the gold price over the next 6 months for a few of their smaller assets to greatly appreciate in value such that they could sell them if they needed more runway for Springpole and Duparquet. GLTA