re: ???? good value ???? @ 2.2 cents
The classic trading patterns are in place at the minute with the short term traders I feel doing the volumes. Don't disagree with the upside potential of the resource but even a small change in price with the number of shares on issue represents a huge increase in capitalisation of Co.
Not sure exactly where fair value is on this one or blue sky value just expressing an opinion that GTM , if it does a run up on assay results or something, could hugely overshoot a reasonable price quite quickly and retreat overshooting soon after as well like it did with the "gold pour episode".
Lack of news or interest saw it drift considerably.
As noted options are another cause for some concern as the company & directors obviously want the money and are happy to ignite the market a little if required to get em over the line. Can they keep the flame burning for 6 months on a high enough heat.
GTM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
