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What's next Rich? Will small investors ever see their money again? What is your 2 cents about this company?
Thanks,
Horla
Rich47,
After all those years following Goldnev, I am surprised to see you haven't reply to the situation Marc Dame is now in.
Were you really an investor in that company or an other pumper?
Long time since I read posts from this guy who knows more on that company than Marc Dame. ;)
Anyway, I wish I could read him again.
Louise, when I read that news, I actually though it was bad for GNZ. The group led by a former guy from BQI can't finance his project. That tells me that banks and funds are not currently interested in investing in shales. Technology and/or high oil prices are still missing.
Though to answer your questions in one post. Shales are currently being exploited in Estonia. The US are also planning to exploit shales in Colorado... but what makes the property of GNZ attracting is that the Pasquia Hills shale is within the first 20 meters: so lower production cost.