If you bought this stock for a short term trade, you probably will regret it.
But if you want to hold medium to long term, I think it's an amazing opportunity. You may have the chance to be part of a company making campaign (25K drilling). Management has a lot of beef in the game (see the holdings of the board) and they think they have a big winner on their hands.
Also this is gold we are talking about not airline travel, or tourism. Gold will be supported in crises and money debasement.
all in my opinion
will they need cash post 25K? Yes. Will that be an issue? Maybe. But if they will be able to confirm and broaden the current resource, I doubt they will fare badly. Look at GOR for gold stocks that do very well during adverse periods. If you can hold during volatility and have patience this can be a dream investment
all in my opinion only and not advice
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Last
21.0¢ |
Change
-0.025(10.6%) |
Mkt cap ! $57.30M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 21.0¢ | $335.5K | 1.540M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 348663 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 348663 | 0.210 |
6 | 121829 | 0.205 |
9 | 386000 | 0.200 |
3 | 34600 | 0.195 |
5 | 116406 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 30000 | 1 |
0.250 | 30433 | 2 |
0.255 | 20000 | 1 |
0.260 | 23055 | 2 |
0.270 | 43000 | 2 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
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NVA (ASX) Chart |