Gcm Resources Share Discussion Threads

[trickster1] 11/11/2016 14:00

APE I CANNOT COMMENT ON YOUR 1000% GAIN IN 2008.

BUT FOR SURE WILL BE ABLE TO COMMENT ON MY 1000% THIS COMING MONDAY

[simon_64] 11/11/2016 14:00

Not in here but looks like shorter's can't close good luck longs.

[mister md] 11/11/2016 14:00

trickster quiet for a few mins as he frantically sells out ;)

[apfindley] 11/11/2016 13:58

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.

[apfindley] 11/11/2016 13:58

Not as many as there will be in a months time...

[letmepass] 11/11/2016 13:57

How many shares are in issue

[apfindley] 11/11/2016 13:57

Americans??Yes and we've learnt how clever they are this week..!!! Hmm

[letmepass] 11/11/2016 13:56

Americans will be onto this soon enough

[apfindley] 11/11/2016 13:56

Trickster.I got over 1000% back in 3 days over Xmas 2008. I was happy with that.

[trickster1] 11/11/2016 13:55

I WILL KEEP ALL THE WAY TO 100P.


XMAS HAS COME EARLY FOLKS

[letmepass] 11/11/2016 13:55

Apf wants in someone sell him something, he's like a dog with a bone

[apfindley] 11/11/2016 13:55

I think the spectacular rise on meaningless news is now fizzing out.... Could be back down to 30-35 by close.It's topped out.

[apfindley] 11/11/2016 13:53

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.

[letmepass] 11/11/2016 13:52

50 about to pop

[trickster1] 11/11/2016 13:50

I LOVE IT WHEN THE WANABE TRADERS WHO TRADES IN CHUNKS OF 200 SQUIDS JUST KEEP WATCHING SHS GOING UP & UP.

[phoenix equity] 11/11/2016 13:50

I'm thinking of selling another asset and taking this to 250k shares. I'll see how today goes. Any weakness and I'll buy heavy again.

[apfindley] 11/11/2016 13:49

Funding is coming.Drawdown on equity agreement again

[trickster1] 11/11/2016 13:49

whooooooooooooosh to 65p close today

[trickster1] 11/11/2016 13:49

50p is coming

[trickster1] 11/11/2016 13:48

WHERE'S BAXTEA?

Poor chap.

always miss 300% rises

[trickster1] 11/11/2016 13:48

OMG LAST CHANCE FOR 50P

[trickster1] 11/11/2016 13:47

OMG

THE BEAST IS BUYING .