Exceptional Goldie Flying Under the Radar, page-15

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rebel1

26,956 Posts.

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09/01/18

22:12

Post #: 30175475
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Originally posted by ArielStarr89 ↑

yep profit takers at 6c wonder how long that wall will remain a wall... it's the previous resistance after all and many people out of fear want to sell or swing trade it? the resistance was prior to the gold assays being delivered..

since the gold hits have been posted and the transaction for the Zinc project ticking away I don't think 6c or a 11m market cap is a worry. the sentiment is obviously a buy.. we may see 10c or/20m market cap soon. which is not something out of the ordinary.... some companies with no drill bit in the ground are at 15 - 20m market cap, profit takers at 6c but 60k worth of shares it's nothing to be concerned but lets see how it plays out.

buy side is building in the 5c range its looking healthier the overall key here is the story and the story is good. drillers taking shares, exceptional gold hits (better then alot of explorers) Zinc project transaction in motion while Zinc is red hot! with the goal of a nice cash injected worth millions of dollars post transaction biggest attraction of all is the 10m market cap.

I see GMR's as a screaming buy it reminds me of when I loaded up on AUZ while it was trading at a 32m market cap (1.6c) it was hardly talked about. take a look at it today based on the fundamentals mainly the in ground metal value while it was trading at a 32m market cap great risk/reward stock here good luck

P.S I hold a healthy position here.

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As Zinc rises in price to new highs, our asset in the ground becomes more valuable and more profitable to mine..
A good time to be selling our Zinc asset at these highs..

We could achieve twice our market cap just for this asset

GMR Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $10.58M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$6.475K	539.5K

Buyers (Bids)

No.	Vol.	Price($)
2	514545	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	66477	1

View Market Depth

No.	Vol.	Price($)
2	514545	0.011
1	5000000	0.010
1	500000	0.009
5	523742	0.008
4	1583375	0.007

Price($)	Vol.	No.
0.012	66477	1
0.013	250000	1
0.014	161700	3
0.015	816666	2
0.018	113290	1

Last trade - 10.19am 17/09/2024 (20 minute delay)

AS1 (ASX) Chart

Exceptional Goldie Flying Under the Radar, page-15

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

Winsome scoping study proposes low-cost operation for Adina lithium project

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Siren Gold boosts antimony resource by 66% to 14.5Kt at Auld Creek, NZ

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Exceptional Goldie Flying Under the Radar, page-15

Top Stories

Western Mines identifies 2 high-grade zones at Mulga Tank in WA

Winsome scoping study proposes low-cost operation for Adina lithium project

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