Re: Did anyone attend todays AGM..???
in response to
by
posted on
Jun 20, 2012 12:29PM
New Discovery Resulting in a 20KM Mineralized Gold Belt
GleeGlee :"Frank stressed that the company will continue to expand and grow the resource through further exploration. But, and here's the rub - there will be a need for further financing"
Any mention of how this financing would take form? Any discussion of a Mini-Mill as an option?
lots of recommends on Yellowkifer's post Our Gold Deposit.. but is there anyone who can comment on his statment?? If it is reasonable then we should expect that with more drilling and results we should see strength in the shareprice. Of course this won't happen over night and not without possible dilution... (mini-mill plz)
"@ 150.00 gold in the ground X 400,000 0z. = $60 million = 6 X's our present market cap
this scenerio would bring fair value for GNH to about 50 cents based on this first Resource Estimate. (without any consideration for the rest of our claims and prospects going forward as we expand our resource with further tonnage and drilling)"
Thanks in advance
Back to wishing, hoping and a lot of waiting.
D