Thanks bg, that'll go in the header ... here's some highlights from the 27nov09 md&a on sedar -
70.1m shs outstanding
5.5m options - however almost all that are vested are at .25 and .40
0.0 wts out - it's so long since they last financed that all wts are expired or exercised
Cash as of 30sep09 - 1.07m loonies
Burn rate for Q ending 30sep09 - 121k ... Q ending 30sep08 - 192k ... they seem to suggest that burn for Q ending 13dec09 would be less than 121k, as the september Q had higher office/legal due to Gold Fields and Lundin dealings
The acquisition of the spanish Lundin SL is stalled, conditions still have to be satisfied, they figure they will be satisfied and the deal go through, but don't give any sort of time frame
sedar.com
Goldfields was issued 8.6m shs for their interest in the dominican properties, they already had 5.3625m shs according to INKresearch, so total should be a hair shy of 14m shs
Minmet is still shown as holding 5.595m shs ... Waddell the largest insider holder of common at 267k, Mourin 233k, MacDonald 117k
My interest in gqc is stronger than last year this time because it's still so cheap, they haven't promoted at all for ages, and i'm playing the chances that they get the spanish deal straightened away and then start drumming up some financing, which they will need ... have had no contact with mgmt for a long time, heard third-hand many weeks ago that they didn't know either when those conditions would be fulfilled, but they also had considerable to do in the DR |
