JMO'sA quick read of the last unaudited statement told me an interesting story.
19,516,094 in Assets minus 2,013,856 in payables = approx. 17,500,000 compared to current cap of 7,960,000
Company is generous with options and warrants. Use of them provides ongoing funds.
Acquired Target and Yukon properties very cheap.
Limited SP growth with PP to acquire Tanzanian Prop., 20,000,000 wts. at 12 cents.
IMO, this Management Team is somewhat addicted to buying properties. They might be building something
very big, if they can keep all their BALLS, up in the air. LOL
Minor lawsuit with drilling contractor, should provide approx. $150,000 when won.
Lots of recent investment at 10 cents.
I'll be selling the bulk of my shares between .045 and 12 cents.
Going to HOLD just a few, and see if they can HIT THE JACKPOT, on one of these promising Properties.
2 years or more?
GLTA
P.S. After promising activity in the Yukon, Mgmt must provide some news soon. JMO's DYODD