GREY:GLBCF - Post by User
Comment by
DRYOASISon Aug 03, 2016 3:55pm
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Post# 25107614
RE:RE:RE:RE:RE:News - Total Rippoff !!!
RE:RE:RE:RE:RE:News - Total Rippoff !!!50 cents, I don't think so, if you compare with FCO they have metallurgical testing completed, double inferred resources, most ground work completed with lost of equipment on site and cash in bank, share price is 57 cents. I think SP for GEM is valued right at 15 cents. Once the projected work is completed, we will need more financing to move forward so expect more dilution. The main positive I see for Warner Lake is that the deposit is open in many directions and some of the grades are exceptional so if management can get a new drill program going things could get interesting.