Golden Goliath Resources Ltd V.GNG

Financing of further exploration.............

[ggrellette]

in this environment will be extremely difficult for these guys and many others with high floats. 140 mil shares outstanding and an existing property coming to an end could mean share consolidation could be on the table this round or next round. I hope they may have enough money to drill this time around after the field expedition and then the airborn and ground surveys. 

[MakeMoney2000]

The solution JPS need to sale all Mexico asset and take these money to drill on Wish Ore and other exploration work at Kwai. Go Paul do it please. No other dilution.

[Smiles62]

Why?  Check out v-v-c, they have 550M outstanding!!!  And they are are useless as GNG, no consolidation there.

[ggrellette]

VVC's time will come when they will do a 10 or 20 for 1 share consolidation. It is inevitable so dont fool yourself into believing it will not occur. It just has not occurred YET.

[Smiles62]

Had to take another risk, bought at 0.02.

[Smiles62]

Selling at 0.025

[ggrellette]

It would only make sense if you can sell ALL the shares that were bought at 2 cents @ 2.5 cents. Otherwise this would not make any sense which tells me this post is really deceptive.

[Smiles62]

I don't understand your point. All I'm saying is that I bought 100K at 0.02 and selling that lot at 0.025. My only intention is to make $500 profit.

[ggrellette]

My point is if you can not sell ALL your shares @ 2.5 cents then your profit decreases thus making not all that sensible. Since there is enough volume to do that right now u can get away with doing it but if the liquidity dries up then that becomes less profitable.

[Smiles62]

Grelette, maybe you have not noticed, the volume is at 0.02 and not at 0.025 as you say. Again, I just want to make a $500 profit from the 100K that I bought at 0.02. The rest I consider it a loss, until it goes back up to 0.05 again.  :)

[ggrellette]

Good luck in trying to make a $500.00 on the trade.

[Smiles62]

It's coming. :)

[Smiles62]

Dumped it back at 0.02. Bought IP instead at 0.065

[ggrellette]

Well I guess the $500.00 profit did not materialize for you. Good luck with IP and maybe that one will yeild you a profit in the short term.

[Smiles62]

[Smiles62]

Someone dared to buy 75K @ 0.02, guess what, of course 01 is the seller. :)

[Smiles62]

What is more important here is, why do we not see the pres or his buddies or even the people doing the digging, doing the exploration work etc. Buying into this at 0.02??

[ggrellette]

Hello Smiles: I see you are back. Sorry about the IP move that never materialized for you. Sadly you know the answer to your question.

[Smiles62]

it did materialize and I'm back in IP at 0.045. And I bought back in here at 0.02 this morning. cheers.

[ggrellette]

The highest it got was 7 cents with very little volume so I have no idea how that would work for you. Nevertheless, it makes no difference to me. 

[Smiles66]

You are talking about IP, correct? I got a few 100Ks out up to 0.06, and there is a partial lot left at 0.06. trading through BN.

[Smiles66]

Now I'm positioning myself in GBAR. Bought at 0.06 and 0.055. yes it could still drop to 0.05, the seller just like here is 01.

[ggrellette]

GBAR the NEW Monarch Mining. Sadly they lost some projects that looked very promising which had the stock at 40 cents or so.

[Smiles62]

Wow, what you just wrote seems to be a common situation with our stock picking.  :)

[Smiles62]

Some exchange from rbc to anon and canascrap, whenever those 2 are involved, immediately after we annonce a financing.

[Smiles62]

Will someone make the green light come on?  :)