GREY:CWNYF - Post by User
Post by
Schmidon Mar 04, 2011 12:20am
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Post# 18229958
Thoughts
ThoughtsHi KIT CAT, remember me from that best left unmentioned gold junior. lol
I was right about the Grants, wrong @ the timing. Glad they did it now for the same price as the last warrants. (.10)
Not very many of them either, 600,000. (grants)
On the company website (I believe) I learned that as a mining Concession they automatically have the right to do one bulk sample a year. Not sure which are claims and which are concessions.
Here's today's Happy Thought. If they were to qualify for Tier 1 status on the venture now, it might really get peoples attention. I've often seen companies that graduate up a level, get a real nice boast. Wish I'd bought Ventana Gold when they made it up to the TSX.
The equity financing they have arranged is the best this relative newcomer has seen, very flexible, cheap terms.
To be balanced, the only risk I see here is Dewatering problems. They have to be able to pump it out faster than it runs in. If anyone has experience with this, in this region, I'm sure we would all appreciate their input.
GLTA