Drilling +1000m holes in the PNG highlands is normally reserved for cashed up juniors like MCR or mid tier plus mining houses. GOA are neither, which i guess show some guts, however money talks, short term GOA are somewhere between further more conclusive results and a sizeable cap raising which is probably why there is clear supply above 3c on the chart as much as the drilling results. A jv maybe also another option, prefer to wait and see for now.
GOA Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
