GLLA Gilla Inc. featured news, full reports, and detailed charts
Gilla Inc. (GLLA/GLLA.OB) Wrap Up:
Gilla, Inc. engages in the acquisition and development of mineral properties in Canada. The company focuses on gold and other minerals. It owns the rights to 2 titanium concessions in Cameroon, which include the Mfoumou and Sele properties. The company is based in Carson City, Nevada.Gilla Inc. (GLLA:OTC Bulletin Board Market)
Snapshot of Gilla Inc. (GLLA)
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OPEN
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PREVIOUS CLOSE
$0.08
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
01/27/09 - $0.52
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52 WEEK LOW
11/17/09 - $0.02
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MARKET CAP
3.2M
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AVERAGE VOLUME 3 mo
36.2K
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DILUTED EPS TTM
$-0.35
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SHARES OUTSTANDING
39.7M
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GLLA Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
GLLA Top Compensated Officers
Executives, Board Directors
Key developments for Gilla Inc. (GLLA)
Gilla Inc. announced that the 2008 exploration stream sediment sampling program returned anomalous gold values on its 199 km2 Salutar Comercio Prospecting Licence ('PL') in the Province of Cabinda, Angola. Predominantly metasedimentary lithologies of Pre-Cambrian age of the Mayombe tectonic system underlie the PL. The stream sediment sampling program covered about 25% of the PL and comprised the collection of the-2mm sieved fraction, for gold analysis, as well as a separate sample of the unsieved stream sediment fines, for multi-element ICP analysis, from each sample site. A statistically determined 300 ppb gold high-cut was applied to the gold values obtained for the 151-2mm samples. Five samples are statistically anomalous and one additional sample, 1.2 ppb gold below the anomalous threshold, is considered potentially anomalous. Anomalous samples have a gold value equal to or greater than the mean plus 2 times the standard deviation.
Gilla Inc. filed its 10-K on March 31, 2009 for the period ending December 31, 2008. In this report its auditor, Jewett, Schwartz, Wolfe & Associates, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
On January 30th, 2009, David R. Robinson resigned from the Board of Directors of Gilla Inc. and from the Board of Directors of Free Mining Company. On January 30th, 2009 Mr. Georges Fotso resigned as Director, President and C.E.O. of Free Mining Company.
GLLA Competitors
| Company | Last | Change | |
| No competitor information is available for GLLA. | |||
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Industry Analysis
| Valuation | GLLA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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GLLA |
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GLLA transactions
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| No transactions in the last 6 months. | ||
