G88 5.00% 1.1¢ golden mile resources ltd

Ann: Trading Halt, page-34

  1. MrQ
    5,148 Posts.
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    With G88 it's all to do with the extraction process expenses. If they weren't laterite deposits we would have an extra zero on the end of the sp.

    Exactly what happened end 2017 early 2018 until people who got in 80c to over $1 read up about laterite deposits and the higher difficulty of extraction. If a cheaper process is developed then our value goes up significantly. I'm sure someone else can give a better technical explanation than the above.

    Still a holder here despite that issue. Just lucky i watched the back end of craziness happen, then got in around 8c.
 
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1.1¢ 1.1¢ 1.1¢ $1.193K 113.6K

Buyers (Bids)

No. Vol. Price($)
3 181167 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 140376 3
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