Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Re: special!
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Nov 25, 2011 09:35PM
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Nov 26, 2011 01:28AM
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Nov 26, 2011 11:49AM
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Nov 26, 2011 03:33PM
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Nov 26, 2011 04:43PM
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Nov 29, 2011 11:55PM
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Nov 30, 2011 08:05AM
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Nov 30, 2011 09:31AM
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Nov 30, 2011 10:18AM
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Nov 30, 2011 11:00AM

I do NOT have any of the warrants that are currently expiring......however

Nothing is more difficult in the jr mining game than raising money. To be involved in a pp you need to meet certain government and regulatory criteria.....not the least of which is having at least one million dollars in net assets and significant earnings. This eliminates a great many investors. PP's are the only way for a company to raise cash other than warrants being excercised. When you get your PP shares you can not trade these for four months. That can be an eternity if something bad or good is happening. Being a part of a pp is a big risk and not for the faint of heart.

.....The reward.....Warrants!

You may think you prevented dilution by having these warrants expire...Wrong!

If the company doesn't manage to do something brilliant with the sp this will turn out to be a very expensive lesson. Glory offered GNH a pp last year at 55 cents that they turned down due to arrogance.........two months later they took 35 cents from Dwek.

Carefull with your gloating over the expired warrants. May make the future... not so bright if you piss off the bank!

pc

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Nov 30, 2011 01:37PM
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Nov 30, 2011 01:54PM
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