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Ann: Exploration Update Aktarma and Yunt Dag,Turk, page-5

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  1. 4,578 Posts.
    re: Ann: Exploration Update Aktarma and Yunt ... ASF- IMO Management... Gotta be careful what you say on forums these days as you might be sued for defamation...
    I held GRM back when just before Mexico results came out when the sp was 7 cents.. Big problem I saw was the very small placements just to keep the company in funds for 6 months.. What they should have done was raised at least few million dollars when the sp was trading round 7 cents as a contingency if the Mexico drill result returned nothing as they did! At least they would have had the funds to do a proper drill campaign in Turkey instead of just hoping...

    After the bad drill results ( Mexico) along with no cash is what sent the sp crashing to 1 cents. Then there was a desperation attempt from from management to raise fund at 1 or so cents..

    So with with latest results returning nothing and no cash again what are they going to do a C/R at half a cent??
    As just my opinion but this company is very poorly ran and its reflected in the sp..
 
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