RE:RE:The cross roads Pocket...
I have been stocking up on GIT for some time now, 10K to 20k at low cost 1.5 to 2.5 cents here and there since last spring. But I started off owning 200K shares already after selling GLDN and QRO.
I felt strongly that the Snowbird deal would give GIT the cash it needed... I still think that will happen... don't know when.
Most of the warrant overhang is gone and even if they do a split it doesn't bother me, at 56M share float I dont see it being more than a 3/1 reverse split. But I don't really see the point in doing it. If they give up a percentage of a claim and drill it for the new claimee that will keep them busy.
Positive results on the minimal drilling would likely keep the company drilling at no expence to the company. GIT was and is still a solid explorer in my opinion just check it out.
Now of course with Covid.. and serious lack of interest and money going into the good juniors it has left a lot of them between a rock and a hard place.
My break even on GIT is 4 cents... any real good news could ripp it past that faster than you can say... Holy Cow