As of Today
Number of insiders received a sweet heart deal this month. I'm OK with Pinetree getting shares cheap but not happy about Sprott. Pinetree has been supporting GCU consistantly and that's including Sheldon. Sprott on the other hand is the biggest instigator of where our sp is at today. These guys sold all the way to the bottom. Who needs Bashers when you have friends like Sprott.
Anyway guys, just my two cents on where we are headed; first we should see some permitting done this year and maybe even first nations agreement of some sort. Secondly, we should see most of our inferred upgraded to M$I. Lastly, we have $5.5million Cash or there abouts and management wants this to last at least for couple years. This includes the recent cash injection of $3million.
There are NO news on REE as pricing sucks and no interest so far. This could change early next year when pricing picks up. Silver offtake is also dead in the water as our story has no interest.
Where do we go from here? I think we just need to ride this wave as Gold and Jr. equity recovers in the next six to 12 months. Dilution is our biggest enemy and I think we are good for at least 12 months but don't be surprised if management does another PP when our sp recovers.
I'm hoping for our sp to reach $1 this year. I still have big dreams and even wet ones. All the best Longs and God Blessssss !!!