Hi db. I hold some hope that we get some good news from phase 2 gold assays and I also expect a decent NPV from the Mt Thirsty scoping study due soon. I also hope GAL drilling at Callisto South give good results as this will highlight our 2km of strike. If by chance we get some good news our SP should rise and the next cap raise may not be as dilutive. After the AGM the company will have an automatic 15% capacity to raise that means SOI 15% of SOI can be sold and if sold at $0.005 will get us a little over $1 million. The quarterly report suggests we don't have muck in the bank but the company says we don't to do as much drilling (what about phase 3) but we still need to find at least $700,000 for wages and directors fees.
What a mess.
GSR Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
(20min delay)