RE:So GSR Needs MoneySorry, meant further assays after the next upcoming drilling campaign, not the coming weeks.
allinenergy2 wrote: Ok, so GSR needs money, like 99% of most Venture stocks trading today.
What's the difference today, compared to when they raised money at 5 cents?
If you can't tell the difference then you shouldn't be here.
Resource stocks haven't been in favour for a while now, but I would think that raising money after today's results should be quite easy even in these markets.
Don't be surprised to see a fund raising well over twice today's close. If they do a cheap raise, I would be quite surprised.
The assays are remarkable, especially since they are so close to surface. This could inevitably become an open pit mine, which a major will buy out when further drilling results come out in the coming weeks. Just my opinion.