Gold stocks have been out of favour over the last few months and obviously the focus is on the lithium sector atm however if history is anything to go by then gold will shine again soon and the focus will be on gold stocks....
So in short GIB is unloved atm and gold is an unloved sector, there was also a time when lithium stocks were unloved, markets move in different cycles but these commodities they all eventually run....
I doubt there is much more down side in GIB at $16m m/c when we have a 160m x 160m x at least 50m shallow as they come gold deposit that will be further enhanced in rc drilling that is a little over a month away...
We also have the Ellendale/Blina diamond projects that should also enhance the paltry market cap at some stage this year....
GIB great risk to reward at $16m
DYOR
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Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.151M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 65000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 141729 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65000 | 0.038 |
1 | 32000 | 0.031 |
1 | 11000 | 0.022 |
1 | 27000 | 0.020 |
1 | 150000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 141729 | 3 |
0.049 | 27815 | 2 |
0.050 | 117500 | 1 |
0.070 | 30000 | 1 |
0.079 | 22000 | 1 |
Last trade - 16.12pm 08/10/2024 (20 minute delay) ? |
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