Post by
FrozenInOntario on Jun 04, 2021 10:57am
So what's next ?
Listened again to the 2 presentations. Tone of management has perked up : exciting is the new buzzword.
The way I see it, these results provide more upside options and another blue sky scenario as the deposit is still open to the north. How much upside ? A lot more, way more. Thinking about it, we do not pay nothing right now for this upside. Free option.
So the price is wavering a bit. So what ? The big boys have not made it to the poker table yet. Need drilling. Start was promised before the end of June. So far, mgt has held their promises. Would I add more ? Sure, but I am all in and we need a new bunch of shareholders to come in.
So back to waiting for the permits and the drilling, and to a lesser extent, a new presentation with more meat on the 3Dip and Lidar results. We will not have a long time to wait. And who knows, mgt could make a raise financed by a major anytime. A 10% stake taken by a big boy would do wonders for the stock price.
GLTA
Drilling, Drilling, everywhere I see drilling mentionned. This makes a pretty good case for investing in drillers :)