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Bullboard - Stock Discussion Forum Global Cobalt Corp GLBCF

Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.

GREY:GLBCF - Post Discussion

Global Cobalt Corp > News !!
View:
Post by DRYOASIS on Nov 21, 2014 9:37am

News !!

Wow !.... what a disappointment.
Comment by Justmiller84 on Nov 21, 2014 11:06am
Not ideal, but based on the volume yesterday I assume they already have buyers lined up and this finance will be closed quickly.  Hope they have good use for this
Comment by Winwarrior on Nov 21, 2014 2:29pm
Agreed, still trying to figure out what happened yesterday given today's news. That has to be the oddest bit of trading I have seen in a while. The person who bought 1 million plus could have today for the same money and received an option for additional shares at .065 later. Would this person be a tad upset given todays news??
Comment by crassus02 on Nov 21, 2014 2:43pm
U need 2 understand the term "gypsy swap" as it relates to yesterday and todays PP news. DEFINITION OF 'GYPSY SWAP' A method in which a company may raise capital without issuing additional debt or holding a secondary public offering. Gypsy swaps consist of multiple transactions, with the ultimate result being an increase in capital for the business. By convincing existing ...more  
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