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Global Railway Industries Ltd T.GBI



TSX:GBI - Post by User

Comment by 2guyson Jun 06, 2013 11:28am
88 Views
Post# 21492529

RE: RE: RE: MD&A Out on Sedar...

RE: RE: RE: MD&A Out on Sedar...

If the find the right project?  GMon, someone posted that the geothermal project had been on the table as far back as November 2012, correct me if I'm wrong.

 

If they can't put together something in 8 months, or at the very least announce their intentions, then I'm not sure this management will do much with th3 $3.5 million in cash besides pay Admin costs and maybe invest it like they have with NOR.

 

Maybe that's why the dissidents sold their shares for $0.225 which is quite a discount to cash value? 

 

I only have a small amount of shares here, so not much to lose if they don't put together a business plan anytime soon.  Also removed my stink bid, as I'm not convinced of their plans moving forward.  JMO

 

Not much in the way of market depth either way, so you never know which way this is heading.  atb

 

 

Last: 0.095   Change: 0.000   Volume: 0   Last Trade: 06/05

Level ll Quote
Bid   Ask
Price Total Size # of Orders   Price Total Size # of Orders
$0.095 79 1   $0.10 5 1
$0.05 40 1   $0.115 17 1
$0.02 100 1   $0.125 31 1
        $0.185 7 1

 

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