Post by
montybissett on Feb 05, 2019 2:27am
Financing
would be lunacy right now. That means they might do it. We need to do exactly what they said they were going to do. Drill some holes at Grass and sit and be patient for better times. We might get lucky and not need a partner for Grass if inventories get back on the right track and ni price will keep climbing. The company as said too many times has lost creds. The last results got a tiny smidgen of that back. We need really good results out of these upcoming holes. We didn't get up 40% from our recent low because the last results were bad. They were very encouraging. We haven't done stupid for a few weeks now. The unfortunate part is we have to swing for the fence now as singles won't get us home.
As far as going to next AGM. I'm afraid I would try and pick up DW by his ankles and try to shake some cash loose from his deep pockets to buy shares with real money and ask him to stop looking for handouts from the shl. Maybe he will excercise his last mugging at .18 just to show he cares. The only person dumber than DW in this mess is me and I haven't sold a share. 2.2 x .41 = real stupid. Just ask LD he will confirm it.
We have to hope China has one last splurge in it and the Big Tweet can put a deal together with them.
Another huge issue for us is getting this nickel price divided into two markets. I still think people are putting a different value on our nickel for the future.
GLTA
Mr C
Comment by
diabase1 on Feb 05, 2019 4:13pm
Alt: can you post a copy of the GUC VTEM map? Thanks.
Comment by
AlternativeView on Feb 05, 2019 4:35pm
Don't think it has ever been published. I asked Darin for it a couple of years ago at VRIC and he just laughed at me and told me there was no chance of him letting this go public. But I know they did it because of this PR: https://www.balmoralresources.com/assets/docs/nr/2014-NR-668032.pdf The 500M target depth Vs 300M depth of investigation came from John Foulkes at this years VRIC.