Moving ForwardJumped in today in the $1.60's, but I'm not sorry. This is a massive discovery, and with a current market cap of only $93 million this stock has HUGE upside potential and little downside risk.
This is also not just a one property play.
I wouldn't be surprised to see a move over $2.00 real quick, within a few trading days. $3.00 seems very realistic.
I also don't see GQC's need for any immediate financing. With the exercise of all outstanding warrants and options, they should have at least $7 million cash in the bank. With only 66 million shares oustanding (full dilution), and a potential mammoth discovery, this stock could have a very long way to go. The next ARU? Perhaps.
Also...I'm sure we would have been a lot higher after today if it weren't for two bad days on the market. Even fighting a head-wind, this stock has quadrupled in two days. Better markets in the days ahead (hopefully) will help propel GQC much higher.