Hi Guys,
I'm holding and willing to be very patient with this one. It's been frustrating to see all my other goldies getting good increases in price with the improvement in the GP this year and GOR standing still or going slightly backwards. But I'm very comfortable that I know the reason why - cash backing tends not to be valued by the market. And I can see clear value in the stock - cash backing makes the value of Gruyere tiny and the exploration tenements nil. So I'm very confident that once Gold Fields starts building and there is production in the time horizon that the market recognises that this one will show significant appreciation.
In the mean time, I just watch the drilling with interest.
Cheers,
Tim.
Ann: Drilling Campaign Marks Start of A$30m Exploration Spend, page-5
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Last
$1.64 |
Change
0.020(1.23%) |
Mkt cap ! $1.776B | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.66 | $1.62 | $10.23M | 6.238M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 88033 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 47012 | 5 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$1.65 |
Change
0.020 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| $1.64 | $1.66 | $1.62 | 1084641 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| GOR (ASX) Chart |