GMD 1.97% $2.07 genesis minerals limited

Ann: Becoming a substantial holder, page-12

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  1. 8,131 Posts.
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    https://hotcopper.com.au/data/attachments/3633/3633150-4c4af40176d033defdfb65cb9f3aa135.jpg

    I've never seen Macquarie insto buy almost $17mill on market + Wilsons buying $7.5mill over the course of a weeks time, throughout my history of trading What's important is that these instos are accumulating a position, and have a long term view of this co, rather than Argonaut @bossivic where clients are buying and selling this stock.
    I think price will further consolidate here around the 13-14c region mark.

    What's important is that we have a significant gold project in a Tier 1 location, with probably the best management team on board.

    Upcoming news:
    Assays pending, can be dropped at any time.
    Resource update before the end of this year
    PFS next year.

    Mark my words, this will be a billion dollar gold producer with time.
 
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