"Management wants to have sufficient cash on hand to start production and insure continued operations before making a formal announcement.""It's my strong belief that the company is currently at about 80% of that figure and could reach it at any time.""I keep saying to hold on to your shares and add more on the dips.""The financing will happen and the share price could easily be in the .12-.15 range in a day or two after the new."Just a thought!!!p.s. The delay is giving someone the opportunity to accumulate cheap shares.GLTA
It appears that Foo fumbled the financing football.Do they even play football in China?
Add a few shares before the new is out. :)
"Financing and the start of gold production.":-)
Someone had posted these price points related to certain events happening. I think they are quite realistic and may even be on the low side:5 cent before the financing news.8-10 after the financing news.10-12 cents when the equipment is ordered.12-15 cents on the day that gold production begins.20-25 cents when the first report of extracted gold is released.If the company is featured in any number of "Hot Stock" newsletters these number become irrelevant and then I'd think in terms 0f .40-.50 share.