GSM 8.33% 1.1¢ golden state mining limited

Ann: Exploration Update - RC Drilling Completed, page-87

  1. 627 Posts.
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    I suspect that if those 11 holes at Yule had identified some interesting hits the SP would be 10c not 3 make of it what you wish but the reality of spec stocks is the insiders know the results well before the market and the SP is nearly allways a reflection of this. On the positive side nearly all exploration stocks have been hammered this year and are completely out of favour however one big hit can turn a stock very quickly. I see Moore as a salesman he sells the story well however now he has to produce the goods.
 
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