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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (224226)1/19/2013 3:52:28 AM
From: 31Floors1 Recommendation  Read Replies (1) | Respond to of 312346
 
What's the big deal. They've drawn down $10m. Do a cap raise at Bullion Royalty prices which will be a lot more than they could as GPD, and pay off that loan and get rid of the encumberance. Help fund GP Canada to production (go fly a kite Red Kite, and thanks by the way). Return the favor by sending a handsome royalty back to Bullion Royalty.

That'll be a handy way to fund the next Yukon development as well.

Does this have anything to do w/ the Yukon ruling. I doubt it very much!! They're probably the best company in all of the Yukon in terms of First Nations relations and check out my previous posts for why I make that comment. This is a move that is strategic, and frankly shocking to me. I was happy w/ the previous plan, I never dreamed of anything like this, and yet it seems so simple.

We just have to hear now if that's what they're intending on doing. Congrats to all GPD shareholders, Monday am should be very interesting indeed! (I did a post on the GPD board a minute ago, if interested)