GW1 6.25% 4.5¢ greenwing resources ltd

Ann: Results of Meeting, page-6

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  1. 2,426 Posts.
    lightbulb Created with Sketch. 504
    LOL if you think that because some greedy directors/big investors want to get a bigger piece of the pie at a much cheaper than market prices constitute "horrible results" and deserves "down she goes tomorrow", then you are clearly on the wrong side of the stock market. This is the junior world, all what we small guys can do is to play along with the big guys. Such practices are unfortunately the norm in this end of the stock market.

    Other junior miners should be now envious of BSM's capability to raise capital and then to expand cap raise due to higher than expected demand from investors...seriously...directors/big investors acting greedy is part of the game in this space of juniors thirsty for capital, if anything it is a good sign and shows confidence in the project. Dilution should be expected along the way and what matters is execution by management and becoming cash flow positive as soon as possible. That is what eventually would create shareholders value and mak this a multi-bagger.
    Last edited by DoctorFouad: 28/11/17
 
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