GRL 3.70% 2.6¢ godolphin resources limited

Ann: Corporate Presentation February 2021, page-4

  1. 2,788 Posts.
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    @RED328 I like your very well-reasoned post. It's funny how things can change. Mt Aubery could have been the focus when GRL was launched, then the potential of a porphyry at Copper Hill East got our attention, but now the drilling that is going on at Lewis Ponds could steal the show? It's all good - it's just our good fortune that GRL has such good prospects. My guess is that if they strike some first-rate intercepts at Lewis Ponds, then the shareprice could rocket. At that point, IMO management should take the opportunity to raise capital. Most shareholders don't like cap raises, but if a junior explorer needs money to grow the JORC for pre-mining, then it's best to do it when the shareprice is on a rocket. So amigo, I've been topping up lately and let's hope the drill bit does its job.
 
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