This really is a LAUGHING STOCK!
It appears to me that the only reason for the TH and then a suspension on these extremely average results was to avoid the stock from being sold down further and that the results were not being released on time?
GMN still owe us TRENCHING RESULTS from PNG!
WHERE ARE THESE RESULTS??
Perhaps next time GMN could use a TH and suspension from the ASX to provide news that would actually excite its investors?
Holders will now have to wait on drilling results which could be MONTHS AWAY.
I am truly hoping that the company is still doing some work in PNG.
Perhaps PNG will now save Brazil, Wasn't it was supposed to be the other way around??
In reality BOTH projects COULD be company makers but that depends on good management, good geologists, and some luck!
Whilst I have been buying on the dips its very sad for those who bought near its peak and these types of announcements keep punching them in the guts.
Lets hope things turn around properly before the next CR!
GLTAH+DYOR:-(
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Price($) | Vol. | No. |
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