GREY:GDPEF - Post by User
Comment by
lmcbainon Aug 07, 2018 2:20pm
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Post# 28422507
RE:RE:RE:A few quick updates
RE:RE:RE:A few quick updatesI agree, they need to show investors that the next cash infusion should allow the company to become essentially self-sustaining and with that occurrence new investment going forward should be for new growth and even that may not be necessary if Dufferin and Tangier both produce at reasonable levels before they need to have the expansion properties brought online.
You want to see them fund exploration from income after this next financing if at all possible and new investment hopefully fund nothing other than a major (justified) expansion or new acquisition.
Salut - Leigh McBain