G88 9.09% 1.2¢ golden mile resources ltd

Ann: Nickel Discovery Extends Over 3 Kilometres, page-173

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  1. 4,582 Posts.
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    To be frank, nobody knows with such small registries. For example I rode the ARL wave from 20c (in fact got a few at sub 20c - post IPO) all the way to the high, going through all the waves. I was buying on the major dips that I saw after the huge up legs; I'll be brutally honest and state that I traded a few parcels in the high $1's but have now bought the majority back. I'll be loading up again very soon as I feel compared to peers it is undervalued. Don't take this as cross promotion please, it's to show that different people accumulate/trade gyrations differently.

    No-one has a crystal ball, just look at Hanks honesty recently BUT what we do have is time if the stock is well positioned. By position I mean this : G88 (as well as other nickel/cobalt/lithium/vanadium/and some of the other important rare earth element players) has the resource being developed (explored) at the perfect time-cycle of money. When I state time-cycle of money I indirectly apply the current debt paradigm (George Soros reflexivity theory enthusiasts eat your heart out!). G88 has enough cash to take it comfortably through the next phase of this money cycle. G88 will have a very profitable resource, of course one must wait for the scoping study/PFS yada yada but again the cyclical nature of this current cycle bodes well.

    I'll be buying these dips (gyrations) as I did ARL, I believe that G88 will become an important player. I've been doing the same with some of the others junior plays, which I'll refrain from naming on the G88 thread.

    Also, I'm expecting a gap up tomorrow, this is predominantly in relation to T+2 trading strategies; I'll ensure I make sure it kicks As far as the retail holder running out of funds eventually ... how can you be so sure??? Never forget that we are also at a peak MT housing top, there is plenty of investor money coming off of that table!

    Regards, NL.
 
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Last
1.2¢
Change
0.001(9.09%)
Mkt cap ! $5.201M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $4.026K 352.1K

Buyers (Bids)

No. Vol. Price($)
1 392263 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 1161338 1
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Last trade - 15.18pm 15/11/2024 (20 minute delay) ?
G88 (ASX) Chart
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