Great to hear your thoughts on the stock and welcome. I would prefer that GTR doesn’t undertake a consolidation. From my experience consolidations never work. It halts their momentum more than anything. I have had AIS, BML and recently another U stock TOE undertake consolidations. Just look at the charts of them all. Horrible. I don’t hold BOE but looking at the charts it appears they undertook it at a prime moment just before their project path advanced towards production and before huge institutional investment arrived pushing it up.
GTR doesn’t have that luxury yet, we still need a few drill programs to lift the resource amounts higher in line with our peers. Our grades are high and very competitive but to be taken seriously by the higher level of the market and large institutions we need a bigger resource across multiple projects Imo.
We are better off to continue exploring and releasing exploration newsflow and letting the U market sentiment drive our share price steadily. CXU is a good example of how a low cap U stock can re rate without the need of consolidation. Going from 0.005 in September to 0.058 highs recently. Hopefully we are next!
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.19M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $21.06K | 5.258M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 38315935 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 16218372 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 38315935 | 0.003 |
32 | 38955311 | 0.002 |
13 | 36699950 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 16218372 | 15 |
0.006 | 9091404 | 7 |
0.007 | 5455000 | 4 |
0.008 | 2879166 | 4 |
0.009 | 2500000 | 2 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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