Golden Dawn Minerals New GDMRF

RE:Same name, 100 million share financing coming

[louel]

  Seems obvious they faced a problem raising more funds.  To try and make it look better they did a 2/1 rollback.  TYhis rollback does not make it any more appealing at 30 cents than it would have been at 15 cents,  Same value.   The S/P hit a low of .12 cents before the company executives started buying.
  That was by the way the buying took place  where it was either considered to be oversold or it was an organized drive to try to influence buying to support the price before the rollback.

.    I would suggest the latter as they all bought the same day,  t is well established knowlege insider buys are watched as a positive signal.    In This case it may have been employed to attract buyers.   
     All the insiders quickly registered their buys where they would be visible to the public.  Not the normal manner if you check previous buys and sells where public declaration was done on a more relaxed basis later within the allowed period. 

If you check the purchases, M Ball the Geologist who should Know the most about mineable grade minerals.   Appears to have participated with the lowest share purchase.   only  12 to $1300.    Doesn't suggest the greatest confidence to me.
     It appears to me very organized.     It reflects what is called the  Power of Suggestion.

     The PP being within five days after the roll back may because it is felt price may receed again.   Wanting the PP done before it does.      I would not be surprised to see the  offering in the same value range as the insider buys.   That would be 25 to 27 cents plus warrants  Together if warrants are excersised  could account for a potential 200+M shares on the market after .the wait period.       Then what another roll back?
  
     This could have been a different story had they oriented previous funds toward the shovel rather than so many purchases of surrounding pasture.