RE:GGMCCW is joke # 2 ..........look at the financing structure
At the closing of the offering, the company issued
(1) 7,468,000 units at a price of 25 cents per unit,
(2) 8,682,500 flow-through (FT) units at a price of 27 cents per FT unit
(3) and 6.31 million Quebec flow-through (QFT) units at a price of 29 cents per QFT unit.
#2 & #3 have an after tax cost of 0.05-0.06¢ per FT shares to be free in august 2022.
15 million shares coming at the bid ..WOW...
All deals financed with FT shares went to the graveyard the same year the paper was issued
GLTA