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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Gastem Inc GTMIF

Energy Oil & Gas E&P
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

Gastem Inc
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Comment by earlybird_787on Jul 30, 2010 1:56pm
273 Views
Post# 17311330

RE: Oh brother!

RE: Oh brother!I wouldn't blame the stock market for today's decline. I think the blame rests squarely with management for announcing the issuance of new shares when they are trading at extremely depressed price levels. The situation is more untenable since the company does not need the funds at the moment.

The new share issuance should today, hence the market reaction that you are seeing.

Also, the Oslo listing deadline has passed and we have not heard a word from management.

Anyway, that's my humble opinion.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities