GW1 4.41% 6.5¢ greenwing resources ltd

Something is up - lion gold settlement ?

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    Someone looks to have taken out the overhang at 0.004 off market

    Now why would someone load up so heavily like that ?

    Coincidentally we have Consmineral set at 0.005 for 13% of the register.

    Could that have been them taking MFC out - would give them around 79M shares which would put them over 20%

    Should see a new substantial holder notice in next few days anyway

    My bet, someone smells a settlement coming with Liongold as their as mediation due - someone has come on the register to back them into this

    Why else has $350k+ been tipped into this at 0.004/0.005 in 2 days otherwise ?

    A settlement with Liongold, even if lowball would be several $M which would be 2-3c minimum

    Solid return for the punter loading up at 0.005 then isn't it

    Think this will get more love now the overhang is out
 
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