TSXV:GSHR - Post Discussion
Post by
SkywalkerofLuke on Nov 15, 2023 4:50pm
Streetwise Report Article on Recent News
“The U.S. is leading into its primaries and Presidential election during a financial crisis of inflation, stagflation, rising interest rates, cryptocurrency crises, and a looming recession. The government has no alternative but to introduce quantitative easing in 2023-2024 to avert a major recession during an election year. This is setting up to be the perfect storm for gold."
Quote comes from the CEO of GSHR.v GSHRF who announced earlier this month a new strategic partner and non-brokered private placement of $3.75M to fully fund development of the Moss Lake Gold Project (6M oz MRE) through 2025.
The net proceeds will be used to continue advancing the project through the development of a new resource model and a new MRE in addition to continuing the engineering and metallurgical studies being done. CEO recently stated that the updated MRE is planned to be released in Jan/Feb.
More on the news in this Streetwise article: https://www.streetwisereports.com/article/2023/11/10/private-placement-funds-gold-company-through-2025.html
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