GREY:GTMIF - Post by User
Post by
earlybird_787on Dec 09, 2011 12:29pm
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Post# 19307626
Question for the Bulls?
Question for the Bulls?Where will GMR find the funds to drill wells in New York?
It should be obvious that the company will either have to borrow money or raise equity capital to do any exploration work outside of Canada. This may put downward pressure on the share price.
I wish I could be more optimistic about GMR, but I don't see any near-term positive catalysts.