GMN 0.00% 0.3¢ gold mountain limited

Ann: Trenching Program Commences at Flagship Crown Ridge Project-GMN.AX, page-24

  1. 468 Posts.
    lightbulb Created with Sketch. 48
    Geez guys I had to fly up to Mackay today had a 6 flight out of Sydney then a 9 out of Brissy had a look at 11 not much happening , then just after 3 you could knock me down with a feather. The real shock came in at 4.15 when I thought have a look at the closing price.
    On the plane I was actually thinking I might see if I could pick up 50000 to 100,000 at around the 7 cent mark as I had some money going into my trading account Tues morning.
    What hope do I have now?
    I have a feeling there is something substantial in the ground and a bit of accumulation is occurring prior to drilling and confirmation however they are having to pay a little bit more. When they have their fill it might settle down for a bit, that could be easily double of now as even double could be considered cheap.
    The territory is located in a prime area and we are lucky to be in at sub 10.
    Reminds me of buying Nustar at 4cents and then it went to $2 as Intrepid.
    Last edited by wave3andabit: 15/08/16
 
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