GRL godolphin resources limited

Hi amigo. I keep and eye on GRL (and am a longterm shareholder...

  1. 2,896 Posts.
    lightbulb Created with Sketch. 1765
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $4.039M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $151 16.77K

Buyers (Bids)

No. Vol. Price($)
14 4592560 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1118893 5
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
GRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.