Results in 2 months? Not likely based on past history.
6 / Nov /2023 GRE announced start of drilling.
13/ Feb / 2024 results of drilling released. A little bit over 3 months from start of drilling.
So 1 month to start (maybe 6 weeks) and 3.25 months after that for results. Call it next round of drill results in 4-5 months.
In the mean time Rock chips won't cut the mustard.
With no juice to liven the share price, lithium prices in the tank, I can only see GRE flat at best to drifting down to the low teens/high single digits over the next time period.
Hope don't make you money.
That being said keep GRE on the watch list, I agree with others here the project still has lots of potential and the drilling conducted to date is minimal so still plenty of room to find a biggie.
But now is not the time to buy, especially when the underlying commodity is in the tank. Put it on the watch list. And going from 20cents to 10cent is still blowing 50% of existing capital.
Move over to the U3O8 explorers (producers have already done their dash) and also accumulate goldies as the gold juniors are at 50 year lows and gold price and central bank buying is close to all time highs.
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