Post by
Fedrigo1 on Jan 28, 2020 1:25am
News = Fantastic $9M
Great news with GYA !
$9M gold forward selling contract financing
No shares issued, not to bad ... not even finders fees or commissions ....
Company can operate and drill alot of holes with that $
May have to look at buying more shares at these low prices
GYA can't stay at 4-5 cents with $9M in the bank imo
Looks like a better gold market too with Gold trading at 1570 + and rising.
GLTA
Comment by
lifegoeson on Jan 28, 2020 9:39am
No wonder the price is so low, these are pretty wild terms and conditions around future production.
Comment by
LowMoor on Jan 28, 2020 10:30am
I like the news and added to my position. Once they start drilling this is going to take off. I would compare this to what BRC did last May after they received the financing to drill. Same setup at .05- .06
Comment by
STOCKRUS on Jan 28, 2020 2:54pm
Good points Life, Zijin Resources Funds owns 20% and will not be impressed with a roll back. The share structure stays as is imo. Manipukating the stock up before a material $9M contract would alarm the regulators and IROC not to mention an investigation. Looks like management is careful not cause problems that GYA does not need. So far so good for GYA imo.
Comment by
Fedrigo1 on Jan 28, 2020 3:26pm
Good volume today. I think we will see alot more trading when the $$$$$ is in and GYA drills start spinning. Under 10 cents before further news is a good buy imo. After drilling & assays ... hard to call GLTA