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Bullboard - Stock Discussion Forum Golden Dawn Minerals New GDMRF

"Golden Dawn Minerals Inc is a Canada based mineral exploration company. The principal activity of the company is the acquisition and exploration of mineral resource properties in Canada. The company is an exploration stage company being all the mineral properties it owns are in the exploration stage. The company operates Greenwood Gold Project which consists of a mill, tailings facilities... see more

OTCPK:GDMRF - Post Discussion

Golden Dawn Minerals New > More Speculation***
View:
Post by ROSOLVE on Aug 15, 2017 9:14pm

More Speculation***

Guys...

Being polite again... Is there anything concreat, that will add value,  that is evidenced by ( FACTS) Other than more speculation on Golden Dawn...

It just gets a bit tiresome listening to the same old posts say the same old thing. Quick question, has any one of you ever run a public company.

One more point, You all missed the (FACT) that gom has never had coverage... ( If GOM HAD INSTITUTIONAL SUPPORT LIKE TSX LISTED B A R THE STOCK WOULD BE 50-60 cents.To state that GOM, Has brought on another IR out fit to help boost the share price is ludicrous...

In my 30 year career as an securities analyst, Ive never heard of a (LA-GIT)public company hiring extra corp communiaction, IR , or consultances to boost the market share price a, ( NEVER FORGET THE INSTITUTIONS ARE THE MARKET )THIS IS WHAT I SPECULATE OR HAZZARD A GUESS AT.


There is going to be a late Summer road  show... The only reason, GOM would do another financing out of the blue, (SPECULATION) would be to bridge the gap, because a short form (PROSPECTUS) may be in process... If anybody has read the latest power point, G O M need 3.4 million to mine... They also need money to keep operations going... So they have to go to mkt.


My (SPECULATATIVE INSTINCTS) is that they have already signed agency agreements with a Canadian instutition and a German Institution... For 10 million plus, for a fall raise... Ive seen the same thing happen many times, where the market has been totally blind sided, which is what is happening to you guys...

Its funny, when G O M get in to production posters are still going to complain about something or other. One more thing your totally looking in the wrong places for answers. A lot of paper has been aquired between 25 and 28 cents. ID BE THE FIRST TO ADMIT ALL MY SPECULATION IS WRONG. But.
Comment by tabbiebarrie on Aug 16, 2017 12:53pm
Of course they have to go to market. My concern is their spending money acquiring more unproven properties creation more share dilution when money will be needed to get into prioduction
Comment by louel on Aug 16, 2017 4:17pm
The way I look at it and,     The main reasion I am here.  Is Kinross holds a mass of properties  on the Canadian side of the border. near GOM    They have been successfull  in finding mineral locations. (Yet to be proven up to a resource classification)     Buckhorn mill which was close has been shuttered.   It is a distance haul to their ...more  
Comment by tabbiebarrie on Aug 17, 2017 9:46am
Good points made louel but Godeb Dawn's mill is tiny suitble for only a small operation
Comment by louel on Aug 17, 2017 10:37am
That is true.  Presently rated 200 TPD expandable to 4.   Kinross buckhorn had a target of only 900 under prime conditions.   The tailings is good for 600,000T        The greenwood location is already zoned and envrionmentaly permitted as a mill location.     It is a far less  stretch to ...more  
Comment by tabbiebarrie on Aug 17, 2017 10:43am
On the plus side there is always the possibilty that Kinross will move on if they determine the resource to be to small providing GOM the opportunity to increase their land holdings. Of course that is down the road.