GMD 4.42% $1.89 genesis minerals limited

$2 party, page-4

  1. 6,134 Posts.
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    Maybe. Would be nice but I doubt by the end of this year. If you told me by mid-Feb then I would agree.

    The last 20 years of investing in gold and goldminers, I've always found that gold and goldminers has a seasonality tailwind Mid-September to Mid-February the next year. That should get this over the $2 line.

    https://hotcopper.com.au/data/attachments/5840/5840194-0b2f342196cca4f0310a6df9ad463ed7.jpg

    In any case I'm not here for a trade. I'm here to invest for the LT term (3+ years). So $2 is a great milestone but not necessary to drive that investment point of view.

 
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