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Goldrush Resources Ltd GDRRF

Metals & Mining Gold


GREY:GDRRF - Post by User

Goldrush Resources Ltd > News Release - Bad Timing
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Comment by youngkidon Mar 15, 2012 1:51pm
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Post# 19675433

RE: News Release - Bad Timing

RE: News Release - Bad Timing

Well I think they've really dropped the ball on this one, at least for the moment anyways. They really would have been best to let the options expire and call a PP for .15 or something in that range rather then capping the SP and sending a mixed signal to the market. I can only assume the plan was to get enough money to get through the updated resource calculation, have more results come out and do a larger PP at a price in the .20's.

Until they do a PP or get the updated resource calculation out I'm not sure this thing is going anywhere....

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