Forever the optimist …. Mr 3 days
GML has no loans, and just successfully raised 2.5 million.
GML is far from bankrupt. The directors will have their fiduciary duties to ensure they do not trade whilst insolvent.
some shareholders have very deep pockets and will continue to stump up cash to continue with exploration IMO. The evidence of this is the successful raising around a month ago.
The 2.5 million will pay for exploration for much of the year.
How low can it go? There will be little positive news for months IMO so do not expect positive momentum with the share price until drilling results are released.
This is a perfect buying opportunity for the patient and brave.
GML is far from bankrupt and will not go bankrupt. The tenements have value.
Forever the optimist …. Mr 3 days GML has no loans, and just...
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