Does anyone have $50M looking for a home? What do you think the chances are that Globex can raise this money and allow it to spin out their world class TTM project (but first things first - does anyone care?!). In this environment a world class gold project wouldn't generate very much excitement, how does high grade talc and magnesite grab you, LOL!
Won't kid you this won't be easy but if good things happen to good people from time to time, then Stochs deserves it in spades. I don't think I've ever come across anyone that has so much on his plate and works as hard as him, and as a bonus I believe he has the sincerity that is all too rare in the jr mining industry. (dara, kind of the anti-Washer!).
While they have literally just begun the search for funding, in the worse case if they don't get it, I am NOT concerned about the stock price, with under 25 million shares out, FD.. IMHO, TTM and a bunch of their other advanced projects have zilch, nada valuation in their stock price. The stock price remains in the exact same price range $1.20 to $1.30 that it was when I first wrote about it, in the first week of March. Not too many companies in our volatile little sector can boast that.
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