Miker444, thank you for the reply. Interesting points. I was thinking along the same lines regarding Firetower - quick cash at a discount to finance other projects. Perhaps, a % stake of future revenue too
If potential buyers know we run out of cash in just over a year you would bide your time if you were in their position. Our first deal really needs to be a generous one as the clock is ticking.
I am concerned about GH reputation after Newmont. Im invested and believe our first deal needs to be generous to attract buy in and secure the company cash from 2-3 years onward
I remember a figure nearer $20 per ounce being used in one of the previous hyping sessions. Seems more plausible to me. Possibly higher with accessibility issues not being as much of an issue. Could be the opportunity to get cash for future prospecting.
We know there is gold there. When more samples are found i wouldn't be surprised if the share is stagnant. Thats because people interested in buying GGP are interested in discussions being had with Mining companies. If no-one is willing to dig it out the ground then it doesn't matter what is found.
Get the impression this forum is full of people who know very little and have lost money. Personally, am still sitting on a loss but no more than i can afford to lose. This share is undoubtedly a gamble. Rampers and Derampers do not kid yourself to think otherwise