Golden Goliath Resources Ltd V.GNG

Wow look at that...

[Goldman1801]

Share price of 10 cents with mkt cap of $14.18MM..... BTU is at 13.5 cents with mkt cap of $13.8MM. If im correct the dilution seems intense, my guess is GNG will be falling to single digits soon and staying there until something positive comes out of those holes. Time is very limited, imagine raising money at 5 cents, very challenging, the amount of shares and dilution will be huge. IMO - its coming down to the wire.

[Goldman1801]

If we applied BTU market cap to GNG. GNG should be in single digits under 10 cents. It's also debatable whether GNG is equal/less/more than BTU. One can say that GNG is worth less because of size of property, proximity to GBR and BTU did find tiny tiny amounts of visible gold earlier this year. So if that is the case, GNG will be even lower due to it's lack of results. But when it comes to

[Smiles62]

I would laugh if all of a sudden it doubles it's market cap.  :)

[Goldman1801]

Bahahaha not if it's relying on the "how excited" talk and stories. At this point, will need actual results on pending holes. You can sense it via the trading, just walls built from dilution and investors losing faith in this property delivering. Barely any support, one above average sell at market will drop this below 8 cents easily.

[Smiles62]

I still have the same question from way back when, how can someone have so much to sell (owns so much), and the ceo not know him?