Hi Montanore, I've owned GPXM for 5 1/2 years through ups and downs galore.
Never have they had a CEO (Tom Klein) with investment banking experience to make deals and negotiate. Take a look at his negotiation of the Lincoln Park Capital $12.5 million guaranteed deal at market prices for example A.
Never have they had any money to start up the gold mine at Mineral Ridge, Scorpio Gold came up with $30 million to re-start it in 13 months.
If it looks good, BUY IT, to paraphrase Andrew Zimmern on Bizzare Foods. These prices (.12) are at giveaway levels.
If you like charts, a close at .115 or .11, and rebound from there, would complete a very nice little double bottom, leading into the traditionally strong fall season for juniors.
Our little $38 million market cap junior is presenting to institutional investors in England, Germany and Switzerland in August. Sounds quite unusual to me.
Should be fun.
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