the next report will be the big one... ...is what i'm seeing quite a few folk writing...presumably including some of the same folk that thought the first 101 would be the "game changer" some months ago.
...we're all expected a lot more oz in the second report; yes, including me. but given that i know it and you know it then it's pretty safe to assume the market can figure it out too.
so we're all waiting for the dust to settle on this first report and to see if any institution out there is gonna pick up 5m+ shares solid buying needed to obliterate the current trading zone or 10m+ shares solid buying needed to move us back up above 30c. unlikely.
so then, i think it's also pretty safe to assume that the second report will not be the game changer either. just like it was pretty easy to figure out that the first report wouldn't be the game changer (as posted a few months back).
according to the BMR report extracts posted by rosco10 today: "the turnaround with GBB likely won’t be swift, especially considering the company has to raise more money,"
...there you have it...
now that management have proved granada has some gold and that they can get a report out, finance/dilution risk is now the single most important reason why the sp is getting pummelled day after day...
BUT, the agm is coming...
...if gbb wants a game changer, it has to change the game.
a royalty program announcement with no production plan is just words. it's like someone promising to give you a popsicle before they've figured out how to make the ice.
not bashing, just callin' it as I see it...
whoa...just seen the 155k dump the sp down 20%...ouch.
sjm