GRL 3.45% 1.4¢ godolphin resources limited

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  1. 2,826 Posts.
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    Hi amigo. I keep and eye on GRL (and am a longterm shareholder in ARR), so yes I could see myself buying into GRL in the future. But I believe that GRL needs to get back onto a pathway towards making a discovery - the shareprice is unlikely to rise while GRL is focused on infill drilling or adding to the JORC at Narraburra. The market is a ruthless beast and, for junior explorers, the market wants to hear about discoveries, IMO. Unfortunately the money GRL paid in the earn-in and has had to pay for proving up the resource at Narraburra, has been a massive burden (which is not appreciated by the market). You are right @MrSetarcos, GRL was at its best when it was drilling at Lewis Ponds and its other gold-copper prospects. (It gave up too early in its search for a copper-gold porphyry at Copper Creek East, IMO.) I hope the company is lucky, for the sake of existing shareholders.
 
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Last
1.4¢
Change
-0.001(3.45%)
Mkt cap ! $3.739M
Open High Low Value Volume
1.4¢ 1.4¢ 1.4¢ $498 35.60K

Buyers (Bids)

No. Vol. Price($)
4 1412647 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 18560 1
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Last trade - 10.04am 11/10/2024 (20 minute delay) ?
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