Don't trust anything the GMTN mgmt team says. This stock will continue to be diluted at the expense of retail. Money will continue to be mismanaged and thrown at an unprofitable mine just to pay off the mgmt team to extract their initial investment via continued compensation from financings. GMTN CEO has screwed retail over majorly via misrepresentation in videos. The stock price shows it.
1) Where is the monthly revenue of $3m/m stated in February ?
2) Why has drilling stopped?
3) Why has management been in hiding ? Where are the fancy videos ?
4) Why did Smith dilute everyone when he communicated the exact opposite?
5) Where is the M&A discussed? The financing was supposed to be non dilutive instead it's being thrown at a bust mine.
6) Why is the $27m working capital nearly exhausted?
7) Where is the 43-101 resource estimate due in Q3 now pushed out to Q4? Q4 is nearly over.
8) Why does mgmt get compensated for a failed delivery at the expense of retail ?
it's due to a complete lack of integrity in the mgmt team who has severely lied to investors on the true status of this non-profitable mine.
Buyers beware of the pumpers misleading people on other chat forums like ceo.ca.
tabulator, hwestreet08, thisistheway, mastermind are all manipulating this stock and likely pushing the agenda of misrepresentation of mgmt.