Golden Hope Mines

Golden Hope Mines Limited is a junior mining company trading on the TSX Venture Exchange under the symbol GNH and on the Pink Sheets in the U.S. under the symbol GOLHF.
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over 12 years ago
9
in response to yellowknifer's message

Hey Danny, Your right!

I'd even cash up if we were a penny or two under. Saving the dilution would be worth it, as the pp would probaly hurt the sp more short term. I think the problem the company has is that warrants won't give them a definite date to get cash in the bank. A pp does give them difinitive numbers and firm dates. That part I understand and can forgive their trepidation with us. The only saving grace would be that the PP they would need would be far smaller and they could go straight to the existing warrant holders to finance this new round.

Does anyone know the exact cash position right now? I'm thinking we should have between one and 1.5 mill on hand ?? If we go below 750k we are in trouble imo.

Warrants could put 3 mill in the kitty!

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positive carry
City
Paysandu
Rank
President
Activity Points
7527
Rating
Your Rating
Date Joined
01/26/2010
Social Links
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Golden Hope Mines
Symbol
GNH
Exchange
TSX-V
Shares
7,058,899 as of 06/30/2015
Industry
Metals & Minerals
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