Global Cobalt Corp GLBCF

Too Get a Loan

[Dirt2Oil13]

I have my shares not looking to sell or buy any more.There are 4times as many buys as sells??Some one wants to buy.
     The fact that directors and other people doing service work for the company are willing to take shares is a positive not a negative.If you did  work for a company and did not believe in it would you take shares no but people are doing just that.
        The geologist  probably know first hand what is in the ground and Paul Sergent geologist and director took shares instead of money?Two other directors also took shares  for dept and will be listed on Canadian Insider in next couple of days.
 In order to get a loan and I am sure all of you have got a loan before.You had to prove your assets IMHL is a share holder of GCO so everyone is working hard to complete 43-101 for Werner Lake and Iron Creek.So IMHL can prove there assets to bank so they can settle the dept with Invest Project.This seems very normal conserve your cash and offer shares for dept.I don't care if you sell or buy but I agree someone is keeping low share price and hoping to scare people to sell  at a low price.Think about how to get a loan you had to prove you assets first these reports will be out soon because that is the first thing the company needs to happen to move forward.But this is just one opinion.Dirt2Oil13

[slippery007]

Great posts the last few days dirt2oil.  While some are worried about dilution, I am actually encouraged.  Gco is preserving cash for projects. If debtors are comfortable enough taking shares in lieu of cash, that tells me-since debtors will need some disclosure on the state of the business - that they feel good about the future of gco. If there was any potential risk, they would decline

[DRYOASIS]

I totally agree that taking shares in lieu of cash is a good thing as it shows a certain level of confidence from people that know what's going on and understand the situation better than I do. Its like someone else just mentioned, who would accept shares instead of cash if they didn't believe in the future of GCO ?? And something else worth mentioning is 3 million shares is NOT 

[avispa]

"PRESERVING CASH" ???? --- GCO has only about $250,000 as per last Q balance sheet. ---- I agree however that debtors accepting cash shows some degree of confidence at this level $0.03 --- Last year debtors took shares in lieu of cash at above $0.10.