QQ girl mentioned the following in a previous post:

"That is one thing that we, GZD shareholders, do not have to worry much about.... hostile takeovers."

I think she has brought up a good point for discussion.

IMO Grizzly Diamonds is entering a vulnerable period now where they may need millions of dollars for exploration to aggresively continue exploring their massive properties, and aquire more if the opportunity presents itself.

As a Noront shareholder I am concerned about Hedge funds working their way into Grizzly Diamaonds in the next PP.

With only 20m shares it won't take many shares for these people to get their foot in the door.

To raise 5m at these levels they could end up with 30% of the company and looking at what happend Noront this could lead to another PP because we do not know what is really going to happen going forward.

The Griz has done a fantastic job and I trust his judgement completely but in order to rise to the top you need to move forward and that requires lots of cash which we are shy on right now.

I thought I would throw out there suggestion of the possiblity of doing a 2.5 share forward split where the float would rise to 50m, we would end up with 2.5 share for every 1 share we bought and it would take alot of shares for the Hedgies to get any meaningfull control.

I realize the share price would initially drop however with the fundamentals of this company the recovery would likely be swift.

If we hit diamonds we will need more money to ramp things up plus continue on with the other properties. Sure, we will be able to get the money but its from who that concerns me.

It seems to me that the possibility is coming when Grizzly Diamonds may have to open the door to predators.

I would like to hear other views on this