IMO unless we get some positive news in the next month or two, GGG SP is set to plumb new lows. It's going to test the resolve of even the most rusted-on holders. Why? Because the activities report offered absolutely nothing new, and further silence will only add to the disappointment and doubt. I believe in the project, but I don't believe in Danish resolve, and I don't believe Greenland understands the imperative to expedite the project. Bottom line - GME needs a strong well heeled miner partner NOW. If we don't get one, GME is going to get pushed from pillar to post in this 3-way mess which is unfolding. All this talk about Danish Gov't guarantees and Danish pension fund involvement, will fall flat, mark my words. It's a very European line of thought, a wish on their part. GME needs a big brother which can spell out very clearly the mining economic home truths to Greenland and (especially) the Danes. All IMO of course.
GGG Price at posting:
18.0¢ Sentiment: None Disclosure: Held
