TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: Our turn next?

So the company options were issued in January and now one of their biggest supporters, Casimir(29), gets a large piece of the pie at a cheap price. They had almost $ 30 mil working capital so there was no pressing need for cash. Even the 60,000 m drill program would cost about $ 12-15 million so they could have gone to the market later this year at a higher share price. I'm hoping the strategy is to release the deep drill results before the PDAC so we get our turn, preferably on a " risk on" day. There is no good solution to the Greek/EU financial problems and it will impact gold/share prices. If the Greeks think the austerity measures demanded by the EU are unacceptable, then what do they think life will be like when they default and actually have to live within their own means?

Share
New Message
Please login to post a reply