TSXV:GSVR - Post Discussion
Post by
ErinBrockovich on Jul 26, 2024 8:24am
James Has Plans It Seems. This Company Is Going Places
Let's see what James does in the coming two years. The precious metals landscape is likely 40 dollar silver. And 3000 K gold in two years.
From CEO boards. What's next?
co to production + some Fresnillo asset, making GSVR a 10-12 mil. ounce producer within 36 months...Not sure what to think rn
1
@lexcon @goldbug58 its a preliminary shelf prospectus intended to give them sufficient room for financings over the next 25 months if needed. It does not mean they are planning a single $65 million financing offering. It does not even mean they will do any financings (they possibly will, but right now its just filing paperwork to allow one OR MORE offerings in the next 25 months.) For example, several months from now (or tomorrow) they might make an offering for say $10 million, then it gets upsized to $12---that is well below the $65 million max they are asking the regulators to approve. Then, maybe a year later or 18 months later they do another raise for another $10 million. The $65 million is neither a target or a one time placement amount, its just the maximum room they filed the paperwork for, in total, all offerings combined in the next 25 months. 3
@lexcon "At this time the company does not have any proposed acquisitions" 
2
@littleowl I don't remember any company this size ever doing something like this. It's very unusual. But, then again, GSVR has always done very unusual and surprising things... 1
@Sinkpisser Weird that it’s in US $. I feel like something is coming. Hopefully it’s at much higher share price than now 2
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