I am not sure why there is any negitivity in respects to the capital raising. This is just more evidence that the board and management are very optimistic and extremely confident about the future of the company. This is a clever way to raise more needed funds quickly to do all the 4 drills. We are all in this to make money. And 4c per share is not a huge discount to the current share price. If I was buying 75 million shares, I would want a discount too. It's just common sense. This is just amazing fantastic great news. Future funding is now sorted. Now we need to focus all efforts in the field. As I said there is still a lot of work to do, but it is well on track. By the way, if anyone ever wants accurate information, they are more than welcome to call GGX on (02) 8298 3688 and you can always speak to Dennis or someone from the GGX team. They are always (when in the office) happy to talk to any share holder. If we are going to post and reply on posts on HC then let it be accurate and informative information. And if people dont feel comfortable investing in GGX then maybe it may pay to invest in something else. But I can't see anything else this year performing better than GGX. This stock is better suited for short/medium term investors who can wait 3 - 12 months for greater than 100%+ returns. But even beter suited for those who can wait 2-5 years as WA and France are also great opportunities.
So my fellow share holders, good times ahead but still a lot of work to do. Talk soon in a few days.
GGX Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held