GGP 0.00% 0.6¢ golden gate petroleum ltd

positive news, page-72

  1. 4,600 Posts.
    Lani depends how they raise the cash and how much. If the company is doing a consolidation simply so they can restart the cycle of dilution will always quickly see the SP back to levels it started pre consolidation.

    Only companies I've seen consolidate and increase wealth are mid caps with strong assets, cash in the bank and real assets.

    Also any perceived potential whether its PB or some gold mine in Africa is worthless as far as value to the company.

    They can release reports all they like on oil under the ground but unless they have the cash to get it out will never add single dollar of value to the company MC


    Kat..
 
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