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Gastem Inc GTMIF

Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.


GREY:GTMIF - Post by User

Bullboard Posts
Post by 6npluson Nov 28, 2009 8:46am
519 Views
Post# 16532669

financing details

financing detailsI would like to know more about the financing details.   Did this come with a holding period?  who bought this?  Be nice to know.  We will sink or swim based on the results, but this would help explain where we are going in the short term.  If there are 10 million shares at a cost of 48 cents and no holding period then this could get ugly short term.  I have taken part in a couple of these and there were holding periods.
Bullboard Posts