AS1 9.09% 1.2¢ asara resources limited

mighty fall

  1. 1,890 Posts.
    This one (like many goldies) has taken a big fall.

    The sp is now back where it was before the "big hit" was announced at bolongo.

    I traded out back at 22c and 27c and it may very well be time for me to reenter this stock. They are on to something , thats for sure.

    My concern is that it might be some time before news flow resurfaces in any meaningfull way.

    Burkina is a hard place to be exploring right now , lab delays and lack of drill rigs are crushing the sp's of all explorers over there. So more established co's like AMX , GRY and semafo have all built there own labs to reduce the lead time on samples from 4 months to 2 weeks !!

    Still , I reckon GMR deserves a larger MC based on the drill results thus far.




 
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Last trade - 12.28pm 16/08/2024 (20 minute delay) ?
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