I don't think It will help...Take a look at the Land map..Make your own conclusions about the location of their supposed land. I Didn't like the comments that the company had made about the permit pending approval and the timeline set forth in the latest PR's. I didn't like the Increase of OS suddenly getting to near the AS. I don't like the fact that the Q is nearing date to be filed, and the possibility of new share structure. I don't think they are close enough to actual operations, as they need a sawmill still to bring any materials to market. I also didn't like the language used in the selling of the "Carbon Offsets" because only China has mandated such a thing. I also Emailed both IR and the Company, and recieved no responses yet. such things like this tend to add up in my decisions. But this is My Opinion only.also, they had mentioned they couldnt do much with the lowgrade chips, as cost of shipping and permits and such, would not be Profitable for them. So the Idea is to sell the low grade stuff locally, and the Land is 144Kilometers from the Nearest city. Mentions of building powerplants etc, to make revenue by selling Electricity, but its in the middle of the Amazonian Rain Forest. so not to likely seeing power plants in the Rain forests.
I actually think the stock will move up, If the selling subsides, but it's been in a channel. from .001 to about .0017, then the MM's short, dilution comes in, and the flippers hit every bid.
Saving enough of course, to walk it down.
Its frustrating to be in this one.
The first poppo to .007's was well before most people ever heard of the stock. I was Just pure lucky to get .0018's, and even luckier to sell in the .006"s ranges.
The stock has not even come close to being a breakout candidate like earlier this summer, as the float was only abot 7.5 Million, and now it is alot more, and its been selling ever since.
Maybe it can do something here, but it did the same thing last week..as News was being rumored, and confirmed, only to have the same people deciding after the sales at .0017 .0016 and so forth, come back to say It will be closer to December 15th. and they also filled at .0011 and even .0010. Now its the same old Hype happening again.
I simply don't trust that there aren't alot more shares going to be hitting the float . Just because there are alot of OS and about 1/4th of that volume has existed .
This is Just My feelings, and take on it.
Its not a Buy or Sell recommendation . It ois Indeed a Buy at .001 and .0011. But higher? I wouldn't risk my $$$
GLTA
JD
