I assume the cap raise comment is directed at myself, and speaking for myself I have no motive, and my comments were broadly positive. As you can see I am a holder here, and I hold because I like the land they hold. As such I am very keen to see we are picking up pace going into this quarter, with 3 drill programs, as opposed to the 1 we have had in the previous 9 months (probably slowed down by both COVID and land access).
I can't wait to see the results, more drilling means more chances for high quality news flow and share appreciation. Yes, it also means higher spend and quicker cash burn, but I do not say this as a negative thing. It is the sole purpose of an exploration company to spend money exploring, and then raise more money to explore the most promising areas more deeply. I don't mean an imminent cap raise, but I know one is inevitable, probably around this time next year, and with luck at a much higher share price.
GRL Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
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