What is the timeline?Hello investors,
I am running my own company. A small company but I can pay my bills and I can afford to invest some money in stocks.
Now at the moment I am not sure where we are standing.
When will Goldboro be fully permitted?
Why does management go on and on with drillings?
Would it not be better to save this money to gain time?
Let's say we really have 2M, 3M, 5M or even more ounces of gold.
So for us shareholders it would be better to invest some more money rather then selling to cheap, isn't it?
So if Signal needs 300M CAD for production start.
When we could arrange 50% or 30% equity capital then perhaps it would be easier to finance the rest of 50-70%. Isn' it?
So, maybe we would need 90M CAD = 62M EUR
With all these facts I would consider of investing another 50-100k CAD in this project.
But only with more and better information.
I can not be that we do not have updated numbers of ounces.
And it also can not be that we do not have more information about the timeline.
Anybody will invest further money without beeing kept up to date.
What is happening regarding the negotiations with BMO? What's new regarding financing, merger or streaming? Gold stable above 3100 CAD and nothing is going on?
I know some investors which are waiting for positive news to buy more shares.
But with that news policy hardly anyone will buy more shares.
Gold over 2,300 USD and maybe higher in the future.
Kevin, when will Goldboro be fully permited?
We have a golden beast waiting to be waken up!
GLTA
IQ