Not shaping up very nicely, another 8 months have gone since the...

Not shaping up very nicely, another 8 months have gone since the last drilling, its time they stopped playing at trenching and rock chips they don't tell you very much beyond what was known in march 18. It is only drilling that will determine the scope and quantity of the sites they have.

"geochemical signatures compared to world-renowned giant Tier-1 porphyry deposits." appears to be a generic statement they often repeat with little proof surely better to say a significant deposit comparing to Tier 1 shows delusions of grandeur

"We are ready to drill and continue to deliver on our well-planned programme, on time and on budget" has anybody seen a plan they appear to be running around with a trowel and pick like school children getting excited with new shiny rocks.

"GMN will use the results from the trenching and the soil sampling to plan a six to eight-hole diamond drilling programme, which is expected to commence towards the end of Q3, 2019" It would appear they have almost no chance of doing this, they state we will use the results to plan the drilling, .Q3 has 10 weeks left, it would have been prudent to use the trenching monies to have undertaken drilling. It is the values of resources at depth they need not surface area values. It would also be better to say by end of Q4 that way they have less chance of missing a target.

Ignoring all of the above there may well be a significant find here they just need to focus on proving it not continually trying to expand the search area.

Money is a real issue they have issued extra shares at least twice and possibly three times this year

Feb 20,296,293 at $0.065 plus 1 free option at $0.10 ex 03/20 and 0.5 free option at $0.15 ex 03/21
March "The Placement Investors will take up the subscription of 100,000,000 shares at an issue price of $0.10 per share (“Placement Shares”), raising up to a total of $10.0 million before issue costs." although it is not clear this took place although they reaffirmed it might on 20th May
May 14,276,923 at $0.065 plus 1 free option at $0.10 ex 05/20 and 0.5 free option at $0.15 ex 05/21

Having received this they are as yet nowhere near to confirming a viable resource, the question is therefore will they need additional funds and who will pay. Is the $10 million announced in March still available if so I'm sure those potential investors would be annoyed to have agreed to pay 10c and yet the company issued extra shares in may at $0.065.