RE: HL Spread5 Nov 2020 21:24
I emailed the company earlier this week with some concerns of mine... there are a few... the warrents and the shares the directors have awarded themselves at such a low price and the plan on listing to a new market... all things that need questioning.
Yet to receive a reply.
I emailed Callem Baxter of GGP back in 2015 as a disgruntled shareholder... he replied in great detail (of which in heinsight I wish I had taken more notice of):
Callum Baxter
Fri, May 29, 2015, 6:27 PM
to me
Dear Camxxxx
Thank you for your message.
As you are aware Greatland Gold plc is a company involved in mineral exploration. This is a high risk endeavour and many of our efforts go unrewarded. Also, difficult market conditions have removed all value on properties for many AIM listed mining companies meaning share prices are extremely low - some below par value but thankfully not GGP. We remain active with prudent management of our cash reserves. Recent news flow has seen our share price rise around 100% in the past weeks and continued news flow in the coming months will strive to continue the momentum. I have received many positive comments of late from investors that have seen their other investments go to the wall. In Greatland you have value and activity.
As for raising cash via a placing, this could occur at any time in the next 12-24 months. We are an exploration company and our lifeblood is cash. The alternative is to go broke and everything shuts down - we all lose the lot.
Recent RNS by the Company outline our plans for the coming months. We will be drilling many targets and news flow will be consistent.
Again, many thanks for contacting the Company and I welcome your interest in Greatland Gold plc.
Regards
Callum
_______________________
Greatland Gold PLC
Callum Baxter - CEO
web www.greatlandgold.com
email info@greatlandgold.com
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