Consolidating nicely.After the recent run up and about an overall 140% increase since the beginning of the year, Goldnev looks to be establishing it's base for the next increase on the Resource Report. As per the last financial report the warrant and debenture position should not provide much of an obstacle.
"(e) Subsequent to period end, 11,873,465 warrants were exercised for gross proceeds of approximately $1,424,815.80 and the debenture for $100,000 was converted resulting in the issuance of 952,381
common shares and warrants exercisable for a period of 12 months. The total amount of shares issued in
the subsequent period was 12825,846."
I believe most of us are confident that there will be "significant" (again I'm being factitious) oil in the Resource Report. Just remember those that sold at .14 and under before the release of the last lab results. rich47.