GNM 15.4% 1.5¢ great northern minerals limited

Ann: SPP Offer Document, page-38

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  1. 1,377 Posts.
    lightbulb Created with Sketch. 92
    exactly ... actually @gcdany you've had me a few times recently and you're switched on so I've got a question for you.

    You've indicated at these prices you see it as being a potential chance to make a quick buck yes? (if i'm misquoting you, kick me up the backside, I'm not the sharpest knife in the draw).

    But if I look at the history of announcements - this stock has become very much a pump and dump stock and at best will trade higher for 48 hours and then it will be business as usual. Even the response to the last few announcements has been mediocre to what it would have been in the past imo.

    I don't understand why the drill bit will have such a huge impact - impending assays sure I comprehend that ... but it's still going to be a long wait between those drinks and the SP doesn't have the longevity (optimistic holders are dwindling) it once had? To quote DB "imminent" drilling has been around so long I wonder if those that may have been interested in the past haven't just gone onto greener pastures and won't bother returning given all the other associated management believability issues?

    Sure there will always be buyers like @cyprus, like those who believed they were knowledgeable when picking up shares in the .03s too ... but I don't believe this share is on the radar like it once was. The proof needs to literally be in the pudding for it to be credible - at least from my perspective.

    It's pitiful the things that holders held onto this share for while it dwindled - that never even eventuated if you really think about it.
    Last edited by nondiscrypt: 06/04/18
 
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Last
1.5¢
Change
0.002(15.4%)
Mkt cap ! $2.319M
Open High Low Value Volume
1.5¢ 1.5¢ 1.5¢ $3K 200K

Buyers (Bids)

No. Vol. Price($)
4 429934 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 111241 2
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Last trade - 13.16pm 18/10/2024 (20 minute delay) ?
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