GREY:PGDIF - Post by User
Post by
cudjoon Aug 22, 2016 1:38pm
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Post# 25164561
3 to 4 weeks and
3 to 4 weeks and it will be into mid/late Sept, if there is going to be a winter program they will have announce some sort of financing by then to give enough time to raise the funds, organize, and ship consumables etc., That is about the max this can go if there is going to be a winter program. If they are shopping for a JV partner, who you would have to asssume would want to move forward, (the winter program), timing would be about the same. If we do not see anything from management by then, then I have to assume they are shopping for a buyer or will shelve it until market conditions improve. BTW, there is over 600 PP coming due on the venture shortly, will free up some funds, but will be hard on stocks trading there as the shares are dumped to free up the cash, could be what they are waiting for.... GLTA