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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Mkt cap ! $5.059M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $8.004K | 500.2K |
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No. | Vol. | Price($) |
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5 | 889086 | 1.5¢ |
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Price($) | Vol. | No. |
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3 | 330000 | 0.014 |
3 | 479615 | 0.013 |
3 | 552333 | 0.012 |
3 | 307725 | 0.011 |
Price($) | Vol. | No. |
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0.016 | 1029844 | 2 |
0.017 | 693359 | 3 |
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