Re: Stupified!
in response to
by
posted on
Oct 01, 2008 06:32AM
I would wonder that the investing world and especially the specualtive commodities crowd will look ong and hard at their haolding and possible future buys with an eye on who is or isn't well financed and able to either weather the storm or at least hold their own while continuing to carry on with their plans.
In light of that stance how does GCR hold up wrt money in the bank and can they continue on with exploration and drilling plans for it's projects. With so many projects and varied properties is it time to mothball a couple ventures and focus on the true or more secure priorities in their portfolio of properties.
Do they have the cash to go on and continue or will they have to seek financing in these tough credit times. As such what will be the cost and what will be the catch.
Thoughts??