GREY:IESCF - Post by User
Comment by
Stoogeon Apr 12, 2013 2:07pm
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Post# 21247905
RE: When the BMO seller finishes...look out!
RE: When the BMO seller finishes...look out! There are likely more pp shares to be disposed of ... and haven't there been more placements still in their hold period? Remember too that even after they dump their pp shares they still hold warrants which I think are exercisable at .10.
However, I assume that there will be no need of new share issues aside from the exercise of warrants and it will take time to get all those millions of pp shares distributed ... as we have seen to date.
The GGX prospects look good for the long term hold. For a regular exploration drilling prospect there is usually a limited time when speculators will know whether their gamble paid off. For GXX we have a much longer time frame with potentially better news each quarter. I mean 2013 Q2 should show improved top line revenue and bottom line profit or loss. For Q3 there should be revenues from more heating units and even a year from now we might be waiting with baited breath for 2013 full year results and even projecting what 2014 might look like with 5 (?) units in operation for all 12 months.
So I'm loaded up and waiting ....