RE: RE: Pasquia hills milestoneThe caps are just a little overwhelming, that's all. I close my eyes and your words are emblazoned on the back on my eyelids. The company I run does custom software and web design so maybe I could show you how to make your text postings flash or go up in fireworks. That would be far more dramatic than caps and perfect for warning nervous shareholders of impending Armageddon. But then again, maybe I won't show you that or we'll all be having seizures reading your posts ... lol.
Anyway, it was evident that they would struggle to meet the Oct 1 deadline. However, it's reassuring that that has been thought through and addressed with the plan to pay half at close of the PP and the other half by dec/jan or so. To me, that's a viable plan. It's also important to keep in mind that they already have the 33% earn in even if everything was to fall through from here. There is some definite value in the company though the coffers are low and there is work to be done. I see them taking the right steps to solve the problems and turn things around.
I said in an earlier post that this was a speculative investment and I wouldn't suggest that people "bet the ranch" on gnz. I have a good idea of what this company is and what it isn't. I followed this play and owned shares for a while about 1.5 years ago and did very well on it at that time. After they resumed trading, I waited a good long while for the dust to settle before getting back in. However, I am quite comfortable with the price range I've re-entered at and am getting the seeing the right things from management (good work ethic, strong commitment to the company, and honest BS-free replies about where things are at). I am pretty confident that the company is going to turn things around and do well.