GLOBAL MINERALS LTD NEW GMFLF

RE: touch below .10 today

[blackjackall]

You forget the other couple of million shares that have been sold under $0.15 that put CTG in the vulnerable position so that $17,000 worth of stock could drop it below $0.10.
CTG taking on debt is in a much more vulnerable position. What happens if they can not repay the loan. Anyone that understands business 101 would know that. What covenants are involved? A floating conversion price is always dangerous. What is stopping Investec from shorting CTG down to a nickle and then converting at $0.06? What if this financing doesn't close? Do we still expect a second tranche of $0.15 PP to get done? CTG still requires a lot of money to move forward. The stock just traded at a multi year low and the pumpers are still dillusional enough to think that everything is rosy? Keep thinking happy thoughts boys and girls.