AGC 0.00% 23.5¢ australian gold and copper ltd

Chart & TA, page-42

  1. 5,749 Posts.
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    If one were to read the room (current markets), it's important for them to find substantial gold hits in the next round of drilling.

    Time for storytelling is over. Let's give the market what they want - which is gold and silver.

    The market will love this, so let's just focus on the current mineralisation displaying these high grades.

    Otherwise, holders will start trading their shares between exploratory drill results - if not already - and the bots do the rest.

    Boom initial discoveries can quickly go bust - RTR a classic example - where the team couldn't find the deep high grade they needed.

    Hopium was served to long term loyal shareholders in terms of drill targets and IP.

    One just has to visit the RTR threads to feel the anger. They raised at $40 million @ 50 cents.


    Last edited by SallySet: 05/08/24
 
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