I have now spoken to 3 min ex geo mates, all have told me that the copper from these current results is too deep to be commecial. They all beleve this is the reason for the sell off, (there is also some element of day traders in there). But one is Very familiar with PNG, and beleves there are targets at crater mt that will cumulativly give GOA a nice sized resource ofer the next few years.
So to those who think that the results later this month will send this one sky high, have probably fallen a little in love with this stock. But... I do feel this one is a nice hold that will do well for you if you are prepared to hold over the coming years. Best of luck to all
GOA Price at posting:
2.0¢ Sentiment: LT Buy Disclosure: Held