20 cents in January? LOL…
There is nothing to indicate that such a lofty goal will be fulfilled here and plenty to indicate that it is unlikely. This dilution machine has done nothing but dump shares since the R/S in March 2014.
The 10Q filed on November 14 2014 shows an O/S of 162,577,018 and OTCmarkets shows an O/S of 189,612,345 as of May 18 2015.
No wonder the chart looks terrible. GHDC diluted 27,000,000 shares in that 6 month period. That is why the high volume days like Aug. 25 and Dec. 17 fail to move this thing. There is not enough volume to absorb that much dilution.
Who knows how many shares have been dumped since then.
There is a bucket load of resistance @ .05 and the only time this stock seems to move higher, is on light volume days where the gleefully ignorant are willing to add small amounts on the ask in a feeble effort to clear shares out of what is probably a blind ask.
The relationship with Silver Falcon Mining SFMI is the most obvious red flag.
SFMI is triple zero stock with a 10,000,000,000 A/S, and a 5,700,000,000 O/S, as per last the last 10Q on Nov 14 2014. It really gives us a hint of what to expect here.
Better take some profits while you can. With a current market value of $9,800,000, only $1.2 million in assets and a net loss of almost $3,000,000 nine months ended 2014, GHDC is already trading at a premium to its actual value.
The chart seems to reflect this as well.
Although anything is possible with penny stocks and I am sure that everyone is aware of the uphill battle this stock is facing.
Hope it works out for everyone.
I just wish people would stop asking me to look at it.
GLTA, IMO and FWIW.
News 
Market Data 
Discover 
