RE:Financing Levelretiredcf wrote: Notwithstanding the weak markets, I'm surprised that the SP has fallen 4% below the recent $69 million financing level of $1.56. GLTA
I'm thinking instistutional investors are wanting to see what the Q4 results are. Correct me if I'm wrong, but did management say they are expecting a strong fourth quarter results in the CIBC Whistler conferences? Maybe another report I read?
I'm still in the camp of being bullish on this company and I do believe management will deliver on earnings like they might of said. If they get anywhere near $0.10 times a P/E of 16-18, that will take them to about $2.00