Golden Dawn Minerals New GDMRF

The Placement

[louel]

Flow through will be the .28 cent shares.    From an investors point of view.  They can be an advantage as their cost offers a tax advantage.    Flow throughs are a resource based Tax loophole designed to help juniors raise funds by selling off some of their taxable expense.    Especially when they have no income are already in a non tax bracket.
  
   I am not fond of promoting flow PPs.   What it suggests to me is it is getting harder to secure funding with non flow PPs.       I would say there has been a lack of on site activity.  

  Lots of spending, no reports of significant increase in resource base.   More claims but not enough new minable mineral being reported as being discovered.     And no reporting on mill being totally ready for thruput.
 
  I think the shares offered are priced in the right bracket considering current SP    No one is going subscribe to a 50 cent PP when market shares are half that.     I would like to see funds dedicated more toward production and resource enhancement.  Rather than buying up the mineral rights of unproven claims that others previously failed on.  
 
 It is not a big company.   They can't even explore the holdings they already have.   Time to change focus.