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Bullboard - Stock Discussion Forum Guyana Goldstrike Inc V.GYA

Guyana Goldstrike Inc. is a Canadian exploration company focused on acquiring, exploring and developing mineral resource properties. The Company does not have any revenue from its operations.

TSXV:GYA - Post Discussion

Guyana Goldstrike Inc > The initial first tranche US$2M & 2nd tranche US$7M
View:
Post by Investor11 on Jul 15, 2020 10:45pm

The initial first tranche US$2M & 2nd tranche US$7M

The first tranche payment is expected to complete shortly.

The subsequent US$7,000,000 payment will be made in accordance with the terms of the Agreement.

______________________________________________

Very Nice !

Inv 11
Comment by Stockmoves1 on Jul 16, 2020 12:05pm
coming off 4cts with confirmation... I just had to buy 055....... downside a penny upside a double...
Comment by Stockmoves1 on Jul 16, 2020 12:23pm
GUYANA GOLDSTRIKE SIGNS US$9 MILLION GOLD FORWARD PURCHASE AGREEMENT Guyana Goldstrike Inc. has signed a definitive gold forward purchase agreement dated Jan. 24, 2020, with an arm's-length investor for proceeds of up to $9-million (U.S.) for the Marudi gold project, located in Guyana, South America. Under the terms of the agreement, the investor will make an initial payment of $2-million  ...more  
Comment by Stockmoves1 on Jul 16, 2020 6:16pm
full load 055..... cant imagine when these guys announce the full funding commitment of 9million lol.... 045/05 was traders banking on the fact it wouldn't happen.. scary jurisdiction and all but heh.. when you have a done deal and a stock gets capped for accumulation purposes once the lid gets lifted we all know what happens.. no reason to pull and if it does its likely at most a half penny ...more  
Comment by GETaLONG on Jul 17, 2020 2:38am
SM1~ You're better at math than I am.... but this 'formula' is easy to take:                $9 million divided by 58 million (# shares outstanding) =  .15/share                  [ ....or do they have a 'boat load' of warrants like AMK (that will suddenly appear)?]       ...more  
Comment by Stockmoves1 on Jul 17, 2020 8:32am
sounds about right....mostly I like to look at the TA and reason a stock is where it is.. it broke support at 7 down to 4 because of the massive delay on this news.. now that it has finally arrived I can not think the market will reward them for coming thru... so yes anything under 7 is the penalty box.. so with the other 7million coming anything under 15 is likely is still being in the penalty ...more