Post by
bargnhillbilly on Apr 03, 2023 9:24pm
Our Current Price Was Discussed Today
Jamie did acknowledge our price was about 10% valuation when it should be about 40% at this stage of the game. 10x.60=$6.00 would be close to what that figures. It just looks like the permits and waiting on some government money and bank financing has to happen first. Our team even talked about not wanting a bunch of cheap shares added because their shares would be hurt also. I thought this presentation felt more inclusive for us shareholders. You could tell GENM would of rather been clearing trees and working on roads instead a waiting on permits! If 6ix presents this again? I urge everyone to listen in.
Comment by
LEV8ME on Apr 03, 2023 9:42pm
I also found it very interesting that Kerry made it known they have been blacked out for some time but Jamie said they anticipate this to open up some time in the near future. Will be interesting to see it Kerry and Jamie are holding back some dry powder and deploy it!!! Was also interesting that Kerry commented on the large turnout for the presentation.
Comment by
dsdsemma on Apr 03, 2023 10:23pm
I think it would be 4x$0.60 not 10x. And I think permits are independent of financing, otherwise anyone with a billion $ could start a bad mine. Having said that, I think permits and financing are both coming soon, like a month or two.