Here is my maiden post...
Goldstar is a strange one.
I bought at 46c. Since then Goldstar intersected 5600gm per tonne gold at Eureka, and 211g/t at tubal Cain, and many other excellent grades nearby.
I believe 5.6kg/t is a record in Victoria.
How many gold miners talk in kilograms to the tonne!
Since then the gold price has gone up maybe 40%.
Well...Goldstar shares have gone down to 17 cents....
I have noticed also with an oil stock (BPT) a very well run company. They keep on increasing their reserves every month, and oil keeps rising. But the share price just goes lower. I believe both companies have not pre sold much.
It seems the market fundamentals are not working anymore.
Any explanations?
GDR
goldstar resources nl
