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Bullboard - Stock Discussion Forum Go Metals Corp. C.GOCO

Alternate Symbol(s):  GOCOF

Go Metals Corp is an exploration company engaged in development of mineral resource properties in Canada. It has an interest in a number of mineral claims located in the Yukon Territory and Quebec. The companies 100% owned properties include the Monster IOCG Property, HSP Nickel Property and the Barachois Vanadium Property.

CSE:GOCO - Post Discussion

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Post by CLOUDER on Oct 03, 2022 11:27am

WELL

I think that a few more cents and they can finance at 50 cent  ish,  i think that guy was right about the financing at   50  cents now,   imo.  the flag pattern is in danger of breaking down now  i think.
Comment by HRc60to65 on Oct 03, 2022 12:10pm
A financing will happen only after the assay results will be released. The financing will be at the maximum possible. It will vary with the share price. If GOCO is going up to 3$, the financing will be at 2.50$ to 2.80$.
Comment by CLOUDER on Oct 03, 2022 12:34pm
yes you would think that is the way should be........IT 1S NOT.  they will finance as cheap as they can get it,   now  it is  50 cents ish     the rule is  25% uder the average for 30 days  is it.  or the last trade.  who is buying will want the best price,   and  the  GOCO managment has never had so much money tost at ...more  
Comment by HRc60to65 on Oct 03, 2022 2:15pm
Clouder base on your experience it is thrue a small mining company will do it to continue the prospection. If GOCO is on something big as we think, the management can wait before doing a financing.  GOCO has 8,416,177 common share purchase warrants exercisable at $0.125 to $1.05 per common share until August 13, 2023 to May 09, 2024 to be executed.  It is 1M$.  It is enough to ...more  
Comment by CLOUDER on Oct 03, 2022 3:47pm
yes this is what i thought at first, but i got a funny feeling they are well......,  they are taking to long ,in this buiz you strike when the iron is hot.....it is getting cool
Comment by HRc60to65 on Oct 04, 2022 12:06pm
You are right, they are taking too long. MTU Manitou gold was just released their last drill hole assay, a lot faster than GOCO. MTU had used the XRF micro analysis to go faster.  I think MTU has crush the mineral intersection in long sections, 5m to 30m long instead of small section of 30cm.  That reduced the avg Ni results but it is very fast. MTU begin drilling at the of august and ...more  
Comment by Goldy63 on Oct 03, 2022 2:51pm
Agreed . Then again when you bought in low how much profits do you want to leave on the table riding fee shares waiting for more news . Yup . 
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