Either they sell shares to dilute or the dilution happens automatically on Palmer project with Dowa. Right now they only have 45% of it. After Dowa puts in $18 million this year, they will have far less.
T
Slightly below book value here but they need to raise cash soon to continue or a catalyst to attract the big guys. Small position. Holding and will likely add after a capital raise settles?
B
Anyone know why this stock is hanging out in the basement, while every other metal miner is seeing daylight?
a
anyone knows why did it drop so hard?
B
Is this Gentile's "black swan"? (or in this case, Red Swan).
T
The other worry here is that getting a mine permit in the US right now for a big project is next to impossible. Takes forever, worse in Alaska where the ESG people go crazy over "protecting". If I had to bet, Grandlich is bailing out slowly, hence the relentless selling pressure.
T
Michael Gentile investing. We are in the big leagues now.
P
Now what? down almost 50% from the "Gentile News"
M
This company is going places. I’ve worked on this property for 5 years. Many things coming down the pipeline. This will be a full-scale mine in a few years time. Mark this post
J
i hope we strike gold because the share structure here is like nothing I've ever seen!
T
Moving up on the new Arizona property acquisitions.
a
whst dping on?....just keeps sliding down
r
Anyone have any insights into this stock. All gold stocks up! CNSNF down. #$%$
This will be a full-scale mine in a few years time. Mark this post
down