GRL 5.56% 1.7¢ godolphin resources limited

Ann: Entitlement Offer Closing Date Reminder, page-17

  1. 2,802 Posts.
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    Hi amigo. I keep and eye on GRL (and am a longterm shareholder in ARR), so yes I could see myself buying into GRL in the future. But I believe that GRL needs to get back onto a pathway towards making a discovery - the shareprice is unlikely to rise while GRL is focused on infill drilling or adding to the JORC at Narraburra. The market is a ruthless beast and, for junior explorers, the market wants to hear about discoveries, IMO. Unfortunately the money GRL paid in the earn-in and has had to pay for proving up the resource at Narraburra, has been a massive burden (which is not appreciated by the market). You are right @MrSetarcos, GRL was at its best when it was drilling at Lewis Ponds and its other gold-copper prospects. (It gave up too early in its search for a copper-gold porphyry at Copper Creek East, IMO.) I hope the company is lucky, for the sake of existing shareholders.
 
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Last
1.7¢
Change
-0.001(5.56%)
Mkt cap ! $3.636M
Open High Low Value Volume
1.8¢ 1.8¢ 1.7¢ $1.023K 58.03K

Buyers (Bids)

No. Vol. Price($)
5 465240 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 521624 2
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Last trade - 10.05am 09/07/2024 (20 minute delay) ?
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