They have just done a CR with directors putting in up to $100k each and I would say by only raising $2,500,000 they are not diluting the shares price or shareholders and if they start to find resources outside their current 5 resource mines within 5km, they might have a potential M&A waiting in the wings. You kind of think WGX might be interested with Debbie Fullerton being X CEO of WGX which is cashed up and close by. And if you look at the recent incentives Mark Cossom has been granted in last meeting it all looks very promising.
GML Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
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