Pretty "meh" result over all. I was expecting more seeing as we waited so long for the release. Results only confirms some of the assumptions that were already existing at Evermore.
Hoping that the outstanding results around Whistler and between NE Pit and Montague are strong. Otherwise a lot of cash has been spent with low level results. Not a huge amount of options to get more cash with so many shares on issue, merger or acquisition seem to be the ways forward IMO.
Have changed my sentiment to "hold" for my personal situation - no point adding more to my existing bundle with the risk of SP dropping further with a slow flow of results and potentially lacklustre results. Have been benefiting recently from buying into STK and MGT, tough right now not to reduce my GML holding and take a bigger dip there.
GLTA
GML Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
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