Gcm Resources Share Discussion Threads

[letmepass] 11/11/2016 15:26

Should hit 60p or more today

[colin12345678] 11/11/2016 15:24

yea but he is skint now lol GWMO got all his dollar

[apfindley] 11/11/2016 15:23

I made good money here back in 2008 And it DIDNT require any pumping from the regular pumping dumping crew

[sidjameslaugh] 11/11/2016 15:20

I don't hold here, but i have to say AP, you really are going out of your way to find as many negatives here as you can. Not saying you are right or wrong, but either way, lots of people have made good money today. Good luck to them.

[letmepass] 11/11/2016 15:19

Let's hit 100p first

[chesty1] 11/11/2016 15:19

Nice spread!!! It's a dog taking by a dump from this level.

[apfindley] 11/11/2016 15:18

FUNDRAISING COMING SOON. . During the previous financial year the Company secured a GBP3m convertible loan facility to be drawn down upon as required, in order to provide sufficient funding for the foreseeable future. As at 29 March 2016 the Company had utilised GBP510,000 of the facility. As the current share price is well below the agreed loan-to-share conversion price of 11 pence per share, the Company has experienced difficulties in drawing down further funds in accordance with its rights under the agreement. GCM is in discussions with the counterparty to resolve the issue and is at the same time seeking alternative funding arrangements which would relieve the Company from dependence on the convertible loan facility. As discussed in Note 1 this represents a material risk that may cast significant doubt over the Company's ability to continue as a going concern. The Board is confident that future fundraising will be successful to ensure the ongoing activities of the Company.

[janestone] 11/11/2016 15:18

I know what a MOU is, its a business agreement. And this MOU happens to be with a company with large credentials

[orchestralis] 11/11/2016 15:10

Perhaps they are considering tunnelling for it rather than open pit.

[apfindley] 11/11/2016 15:09

Apparently this MOU means..... "The MOU provides for parties to engage and mutually investigate the feasibility of a joint venture with respect to the development "So to INVESTIGATE the FEASIBILITY.Wow. LOL

[tidy 2] 11/11/2016 15:08

Profits in pol for round two

[tsmith2] 11/11/2016 15:05

People need to read up on what a MOU is..

[apfindley] 11/11/2016 15:05

Falling now after the pump on meaningless news.Only real news will be from the government.Everything else is an excuse to pump.

[colin12345678] 11/11/2016 15:05

chesty you are always late except for when the wife is concerned she states that you always first

[janestone] 11/11/2016 15:00

Who said let sleeping dogs lie ;)

[chesty1] 11/11/2016 14:57

Anyone for a p&d oh sorry I am too late.

[the big fella] 11/11/2016 14:54

Don't you mean realists?

[baxtea1] 11/11/2016 14:54

The Chinese would not have come on board if government approval wasn't likely.

[colin12345678] 11/11/2016 14:53

you can tell the shorts so transparent

[baxtea1] 11/11/2016 14:53

This news is the biggest development with the project in years & years.

Can easily see this heading back to the glory day highs now.

Optimism has finally returned for this long time suffering holder :-)

[tsmith2] 11/11/2016 14:48

Nothing to do with government approval. Watch getting burnt

[888icb] 11/11/2016 14:42

Volume now 2.3 million and 41p to BUY.

[letmepass] 11/11/2016 14:31

Difficult to buy at times but with such a small float understandable..