RE:RE:RE:LETS BECOME A BIT ANALYTICAL SHALL WE...
Greg Johnson has publicly stated that MMG will follow the Galore Creek model and finance drilling from cash flow. Johnson performed that miracle with a gravel and sand business in Alaska while making himself and everybody associated with him very well off.
Cash flow is slated to begin in 2022 from the Alluvials. This will be the third season of drilling at Keno and the second at La Plata.
MMG have $3m in cash,no debt and $21m warrants/options available to them to drill this season.
MMG have 137 m shares outstanding.
Gold Springs has zero cash flow and 276,000,000 shares out FD.
Gold Springs have been drilling on the public's dime for eight years and shareholders have twenty cent shares to show for the dilution.
Gold Springs is not silver ,is not drilling in the north and is not deriving independent cash flow to drill.
Even La Plata has nothing in common with Gold Springs.
Here is a project with one ,short DP into it and that will be followed up with a 43-101 resource count.
Again,future drilling will be financed with Alluvial cash flow.
I wouldn't invest in Gold Springs dilutive model with your money.