News: GML Gateway Mining Seeks Trading Halt Pending Capital Raising, page-2

Well, as expected.

I know they need capital for further exploration, however, I just hope they don't end up like CLZ with abt 7 billion shares on issue, excellent gold mining prospects but still exploring to build a resource.

With the gold price where it is atm and where it's heading, why don't such companies think about a starter pit and toll treatment for self funding???

Seen it all before. For example GRY, which has disappeared, drilled the hell out of Burkino Faso and as far as I know never mined ! Just kept raising capital for drilling.

Very frustrating as a long term holder.