G88 0.00% 1.4¢ golden mile resources ltd

Fmx, its my belief the next announcement will be the balance of...

  1. 6,137 Posts.
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    Fmx, its my belief the next announcement will be the balance of the 1 metre splits from the December drillings. The first of the splits were reported in January ( or early February... I forget which) , they indicated the remaining assays would be in a few weeks thereafter so due any time now. It wont add much to the overall story as we already have the 6 metre composite assays, but it will be interesting nevertheless.

    The real meaty stuff will come from the next drilling campaign, but certainly what we have so far ( in the upper saprock ) and the almost certain strike extensions value the stock way above where we are currently at bases on a peer comparison on tonnage/composition ( ie, comparison with CLQ and AUZ)

    As one poster has mentioned what could be holding back the share price is the lack of liquidity, hence SI', funds, insto's are more reticent to buy. I wonder if a share split ( 1 for 1) would assist in helping overcome this barrier so the full value of the stock could be realized
 
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