Q: Have not heard much from GRSL lately. Your current opinion
5i Research Answer:
Things have been quite quiet at the company. It raised $20M last year and has about $30M cash. No revenue, losses and negative cash flow. Insiders own 3% and have been net buyers in the past six months. It plans a 20,000 m drill campain and the prior results last year were good. The stock has done OK but has lagged. Its small size adds risks, but there is potential here on more good drilling assays.