You say I am still here
spilling fake dear. My apologies. I am happy to clear the spill up, but don't know what it is that I have spilled.
Yes, GGG is not in a good position at this moment. However it has some $30 million in cash, but no project.
EPM has a mere $1.5 million in cash, but has projects.
Nevertheless I see a problem for EPM. The problem is that albatross it has around its neck - Cerium.
Before EPM can earn anything from its Greenland tenements it has to pay Cerium $20 million dollars.
Do you remember the details?
At this moment, how does one choose between EPM and GGG? Perhaps don't choose, but buy both.
At this moment I feel safer hanging on to my GGG shares and waiting for EPM to show some tangible progress that would allow it to borrow the money it will have to hand over to Cerium. I don't believe that statements of '
near term billions' offers enough security for financiers that have brains in their heads.
(20min delay)