Post by
Goldman1801 on Apr 16, 2021 6:29pm
Another uneventful week
Something to think about regarding the last equity raise (or aka share dilution). Very small raise and at the lower end too. Was it an act of desperation to get funds at whatever low price they can get before it hits 2 cents? In any event when you compare this to other juniors it really gives a sense of scale on how much of a small production GNG is. Land holding, equity raises etc etc. I think cheerleaders and management use to talk about how many holes it takes to find gold - concerning thing is this property is a dwarf in comparison to btu and gbr and interests from investors for additional drilling seems to be on the decline. No money, no drills. End of story. The other really big issue is the lack of results, they can't find anything, empty words zero results, good at talking not good at performing. These last holes might be an be-all end-all.... cross your fingers and toes.... however the lack of sucess these guys have - its unlikely... hence bottoming share price.
Comment by
toorisky29 on Apr 16, 2021 7:34pm
Yes it doesn't look good at all.. this ain't no gbr
Comment by
hockey44 on Apr 16, 2021 9:28pm
Why are you still here Golman?? Why haven't you sold if you are so unhappy. Do everyone a favor and sell your shares if you are sooooooo unhappy!!
Comment by
Smiles62 on Apr 17, 2021 9:13am
Goldman, your analysis is rational. Sometimes truth hurts people.
Comment by
toorisky29 on Apr 17, 2021 10:46am
Yups really dwindling .. an looking ti downside.. unless something happens