And this..."The Fund provides a dedicated pool of capital and...

And this...

"The Fund provides a dedicated pool of capital and with the aim of mitigating this inherent public equity valuation risk. The Managing Partners believe that dedicated capital is a competitive advantage in the fragmented and capital-scarce mining market. The Fund will provide a stable source of capital to companies that will allow them to efficiently and profitably move projects towards production. GLC believes that this is a superior funding model compared to a reliance on public equity markets, which are volatile by nature, expensive, and time-consuming for company management looking to source and secure such cyclical funding, particularly within the junior mining sector. Dedicated capital allows management to focus exclusively on the operational and technical responsibilities of their respective assets. The Managing Partners believe a stable capital source for its portfolio companies, with the appropriate operational oversight and managerial expertise, will create significant long-term value for the Fund’s investors."

http://www.glcmining.com/Company/overview/default.aspx

We may still get done over, but these guys look like they might stup up the cash to get the company moving again.

Looking interesting again.

Mmmm