Nice to see someone pick up approx 14 million GML shares in one line today at .008cents. Obviously a few holders getting out before year end and taking a capital loss. Might sound like a broken record but with the experienced management and results are all heading in the right direction. Overall the juniors are suffering and most magazines I read are saying this is an ideal time to be accumulating juniors, as the next 2-3 years overall for GOLD in general is looking exciting ahead. Even looking at current indicated GML resource and you were to mine it now the return of say AUD$2,600 oz minus AUD$1,600 ASIC cost on 81,000 oz's gives me a net profit of $81,000,000 with more to come early in third quarter on a $18,000,000 current market cap what's there not to like if your in for another 2-3 years. In my opinion with the Fed hiking rates aggressively and then realize the interest rates increasing has no affect on inflation and they start reducing interest rates more likely later next year we will see GOLD fly like we did in the 1970's. DYOR
GML Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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