Market cap of GOR Down some $200m today on news of production at the lower end of guidance....because that represents a permanent loss......oh wait, No, that means the gold is still in the ground ......and will be dug up and sold in the future, probably at a higher price. On reflection - I wonder how long that gold has been in the ground? perhaps 100million years? ......what a disaster that it gets to stay there for a few more weeks or months!
The fundamentals have not changed - GOR has a really good cash producing mine, cash in the bank, nil debt, holds 20% of DEG - the best Gold development in the country, and exploration upside. Today just provides a good opportunity to top up for anyone with the cash. GLTAH's
- Forums
- ASX - By Stock
- Ann: December 2023 Quarter Production Update
Market cap of GOR Down some $200m today on news of production at...
-
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOR (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.57 |
Change
-0.003(0.16%) |
Mkt cap ! $1.703B |
Open | High | Low | Value | Volume |
$1.57 | $1.59 | $1.55 | $3.937M | 2.506M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 47661 | $1.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.57 | 19459 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
34 | 45004 | 1.565 |
22 | 109404 | 1.560 |
19 | 171881 | 1.555 |
21 | 402356 | 1.550 |
5 | 46118 | 1.545 |
Price($) | Vol. | No. |
---|---|---|
1.570 | 21845 | 38 |
1.575 | 73528 | 46 |
1.580 | 90146 | 28 |
1.585 | 160548 | 19 |
1.590 | 29787 | 8 |
Last trade - 13.32pm 05/09/2024 (20 minute delay) ? |
Featured News
GOR (ASX) Chart |