Post by
bluemoons20 on Oct 01, 2021 9:55am
explanation??
somewhat disappointing that there has been no official explanation of this sudden dilution.
Sure. all companies like to have money, but with claims of years of cash on hand and things supposedly going well , why the sudden need of cash??
Especially at these levels. price was headed up so could have done deal higher. Now almost 30 million more shares if price rises (warrants will be exercised) thats a big hit for existing shareholders.
The worst part is this comes out of the blue and there is no official comment (other than the usual blah, blah about using money for various purposes)
GLTA
Comment by
Pandora on Oct 01, 2021 3:41pm
Quarterly is out on Sedar.
Comment by
Pandora on Oct 01, 2021 4:00pm
I'm not great at reading quarterlies but this looks like they are "restating" some numbers from the last quarterly.
Comment by
GrahamB on Oct 01, 2021 4:51pm
Posted on some of it-was an interesting day after all Ok off for a few beers-enjoy