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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

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Message: Has anybody else heard about the 0.05 cent restriction from TSX-V?

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Re: Has anybody else heard about the 0.05 cent restriction from TSX-V?

in response to Has anybody else heard about the 0.05 cent restriction from TSX-V? by Moneytospend

posted on Oct 22, 09 10:49AM

Thankfully, this only applies to PP issues. We still meet the minimum $2M market cap threshold to remain listed on the exchange.

I looked at QAU's depth -- they have well over 5M shares to get through to reach 5 cents. We have less than 2M shares to get through to reach 5 cents. We also touched 5 cents a couple of times this year on only project updates, grab samples and subsidiary diamond news. IMO, when we get assays from Arae-Gassel, we will break the 5 cent resistance. At that point, obtaining financing at 5 cents or higher shouldn't be too difficult with the warrant incentive attached.

If they can get their Bakoudou mine up-and-running, they could avoid further dilution all together.

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