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
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Market cap of GOR Down some $200m today on news of production at...
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Last
$1.56 |
Change
-0.010(0.64%) |
Mkt cap ! $1.703B |
Open | High | Low | Value | Volume |
$1.57 | $1.58 | $1.55 | $1.822M | 1.162M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 548 | $1.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.57 | 64329 | 37 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 67788 | 1.555 |
27 | 120931 | 1.550 |
10 | 80167 | 1.545 |
11 | 140962 | 1.540 |
7 | 26189 | 1.535 |
Price($) | Vol. | No. |
---|---|---|
1.560 | 54506 | 32 |
1.565 | 99422 | 31 |
1.570 | 84972 | 19 |
1.575 | 37582 | 11 |
1.580 | 60545 | 11 |
Last trade - 11.28am 05/09/2024 (20 minute delay) ? |
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