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Gold/Mining/Energy : GSS-Gold Star Resources -- Ignore unavailable to you. Want to Upgrade?


To: Richard D who wrote (105)2/8/2007 4:39:34 PM
From: sammaster  Read Replies (1) | Respond to of 200
 
i wonder if some hedge funds bought the warrants for pennies on the dollar and are now forcing the price up over the strike price by causing a short squeeze?

i hope they do make it over the warrant price of 4.6 cdn..it will mean 33 million $US for gss even with a slight dilution of 8mil shares...that would fund some more expansion and quiet the people who keep saying gss wont be able to grow without further dilution..

personally i think the sulfide project will have huge cash flows at current gold prices and they will be able to fund prestea underground and trucking hwin-butre ore to wassa internally...