GSR greenstone resources limited

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  1. 3,274 Posts.
    re: .......i'm in If you look at the action today, though, that was compressed into only minutes of trading, it has the launch pad to go higher tomorrow. Only 25% of shares changed hands - compare that to CSE's recent spike, or to the action around Admiralty - actually ADY is not a good comparable vehicle - but its trading in recent months gives a general indicator of the way this bull market is going. CSE is a better comparison up to a point - what is capping CSE at the moment is the lack of imminent news on Einasliegh - but CSE's big day had larger percentage volumes than BAR, much larger in fact, and for this reason I think there will be continued interest in BAR tomorrow.
    Also remember that there was sometime for the market to read the news today and digest it, and it opened at 15 late in the day, and closed on that. With the compressed trading, I think this stock will find a floor around 15, and the volumes tomorrow will likely match todays at the very least. If it does reach towards 20 interest will rapidly increase in the options, and trade4profit may find himself cashing in quicker than he thought.
 
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