Nicolas123, reading through your posts you sound like you have sour grapes given the SP has jumped up so much and you dumped yours previously. That you still post even though you have no shares seems to confirm this.
What the hell do you expect in the current environment with Juniors? GMM have done brilliantly to do this deal, raise cash, survive and potentially get a cash flow producing asset.
Open your eyes and look at the market as a whole. Almost every junior is running on fumes, unable to raise $$, having suspended directors fees, having seen their share price go down into pennies or less. Many people think over half of all juniors on the market need to be wound up (i.e. 100% losses for shareholders). Those of us who have been in the game a long time know this is the most challenging market there has been for perhaps 40 years or more. What makes it worse is that this time there are over 800 juniors on the ASX, most with no cash, no projects and no future and all of them are looking for projects they can raise cash on or trying to shake what little money there is out of the retail investors.
That GMM have a backer (Fotios and associates) willing to push the share price up so much prior to a cap raising is also very rare. Most juniors simply have to bite the bullet and issue a billion shares at 0.5 cents simply to survive. They don´t have the option or backing to do what GMM/Fotios did. Again - open your eyes and look what is happening elsewhere.
Nicolas123, reading through your posts you sound like you have...
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