GCR 0.00% 0.2¢ golden cross resources ltd

good time for an announcement eh ..., page-4

  1. 4,618 Posts.
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    Not all that happy Jan!

    I feel pretty deflated after that announcement. It doesn't completely contradict the 'visual' estimate but comes close.

    Still, happy that they have got a 500 m+ intersection that is completely mineralised. That's something.

    Has anyone looked at the 'Underwriting' announcement? I googled 'Westchester Finacial Services' and found that a similar type of arrangement was entered into by Mr Ryan with Rivkin Financial Services. That situation went to court!

    My concern is that 50 mil of shares to a single person is 10% of the company!!!!

    Any thoughts
 
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