GNM 4.17% 1.2¢ great northern minerals limited

It was Newcrest Mining and Resolute Mining but the sampling they...

  1. 58 Posts.
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    It was Newcrest Mining and Resolute Mining but the sampling they done was at Ashburton, the sampling (rock chip) at Lincoln Springs was done by the Australian Lime Company (owners). Prior to announcing a Share Purchase Plan the company didn't see fit to clarify the rock chips sample results, might have something to do with the lack of interest in the company and no kick to the share price so lets flood the market with meaningless fluffy announcements.
    VWAP for the placement will be a paltry $.002c (IMO) if we are lucky, no surprise that the placement is being managed by Xcel Capital again (Bulesco) at a price of $0.002c per share another 500 million shares will be added to the registry eek.png
    Also bear in mind that GPP/ION Minerals will only earn in 70% of the Lincoln Springs project..... speaking of ION, the 110 million shares that were gifted to the new directors will be released on the 22nd April.

    @ocka there will be no drill results before the closing date of the Share Purchase Plan - closing date is the 18th April, the way GPP conduct themselves I couldn't see any results until end of May at the earliest.

    Where have all the PRO GPP Management rampers vanished to ? ? ? ?

    OHD - allegedly Monash completed field trials (30th Jan announcement) but the Monash site have/had no mention of trials being completed/conducted, more fluff
    More trials were supposed to start this quarter but it appears we have no funding until the Placement is concluded, more fluff rolleyes.png and again, Monash site is not showing any proposed trials.





 
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