GREY:AGMIF - Post by User
Comment by
Investorguy1234on Jan 08, 2018 10:55am
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Post# 27305898
RE:RE:fabulous news about the land acquistion
RE:RE:fabulous news about the land acquistionwell i guess we can own a big portion of nothing or a smaller portion of something. We don't have the money to develop the property so basically we now own land. We will have to partner with someone who can get the minerals out of the ground.
Hopefully it will come in the form of debt financing and not equity but not very likely, we are not in a strong bargaining position right now.
Even with a large dilution the share price would still be 10-15x where it is now.
GLTA