"This is what I've been hearing, sorta. I've heard jr mining execs complain they can't raise 5 million in the public markets, but private money will throw 300 mm at them if they have a big project. But lets be clear, private investment capital is preparing to boost private investment capital by raping the industry that is down on it's knees.
As I said before, the Esmerelda mill is just a few miles from Watertons Borealis project, which has a CIL plant but really needed a mill. "
so then we may agree on something.
1)The Esmerelda mine is what brought the 15 Mil for Holister. Hence, Waterton bought it.
2)Private Investment capital could help GBG, but at their terms. Leaving GBG with their pants around their ankles, but allowing the company to survive.
Which in my oppinion if the company does not fold, then the stock will probably go up to around 5 cents a share. Look at Wits Basin Precious Minerals (WITM) another jacked up minning company. However, it is trading at 6 cents per share.
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