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10.0%

1.1¢ golden mile resources ltd

Ann: Exploration Update - Quicksilver and Leonora East Projects, page-36

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jafa360

86 Posts.

5

14/03/19

10:17

Post #: 37757236
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Originally posted by Trader21: ↑

and that's fair enough if thats your stance.. but as the price as completely tanked and no sulphides present, the old market cap/cash argument runs thin. sure there could be upside from its current dreadful SP, but most of the active members on here have been in this for way to long for anyone to actually be in the money on this... i've done my nuts on this stock.

just wondering if anyone can recall the last gold play stock that had a massive upswing in SP when they found a gold deposit? even if it was gold SP driven as opposed to deposit find driven. i've been in gold stock before and cant recall seeing any multi baggers out there that blew up after good drill reports etc/

unfortunately it appears the upside to G88 was the sulphide find, even though they were initially a gold explorer. no sulphide = no baggies.

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Northern Star (Paulsens Gold Mine) purchased from Intrepid .
but they were also in a down market acquiring operational mines from barrick at bargain prices, which saw them transform in a matter of years to a Tier 1 gold miner.
A missed opportunity for me but some serious money made by those who believed in it from the start.
others as successful im unsure as i haven't been drilling gold for awhile.

G88 Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.1¢		Change 0.001(10.0%)		Mkt cap ! $4.523M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$11.87K	1.123M

Buyers (Bids)

No.	Vol.	Price($)
4	530055	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	420301	1

View Market Depth

No.	Vol.	Price($)
4	530055	0.009
4	593722	0.008
2	500000	0.007
1	250000	0.006
1	250248	0.004

Price($)	Vol.	No.
0.011	420301	1
0.012	766481	6
0.013	949941	2
0.014	83333	1
0.017	769231	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

G88 (ASX) Chart