The Company's latest announcement points the way to a likely positive future. Company continues to maintain disciplined approach to cash management
Management has done a fine job preserving capital in such a constrained capital market.
Today's announcement is quite positive
Highlights:
Gidgee (gold) Project continues to advance
Company advanced on possible acquisition in precious metals sector
Share placement completed to raise $500,000
With the prevailing and expected future market appetite for precious metals, Gateway seems poised for a stellar future.
The potential Gidgee gold project is shaping up as a real jewel in the crown and the mooted acquisition of another precious metal project is very timely. Whatever, and wherever this acquisition is we should know before Christmas.
So, from my perspective, whilst I had some reservations about the direction Gateway was heading, it now appears that the pathway to prosperity is very much brighter.
Here's hoping for a nice Christmas present.
Onward and upward.
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