GTR holds low grade leases which are not commercially viable which have been drilled by the major players and relinquished. GTR clearly state over $12 million was spent drilling on its recent acquisition and the major who owned it gave it back due to low grade or no hits. It's pointless acquiring leases which have been extensively drilled except if part of your performance is attached to defining a resource. Acquiring the lease allowed management to define a resource from the previous $12 million spent by a major peppering it with holes. Is just a shame it's a low grade ,not economically viable lease, but it did allow management to receive there performance bonus. Have you looked at the grades the leases the majors hold In comparison to what GTR have. The majors have a an ample supply of high grade leases
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Last
0.6¢ |
Change
0.001(9.09%) |
Mkt cap ! $12.3M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.5¢ | $19.24K | 3.210M |
Buyers (Bids)
No. | Vol. | Price($) |
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52 | 37189344 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.6¢ | 6233469 | 10 |
View Market Depth
No. | Vol. | Price($) |
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51 | 36289344 | 0.005 |
12 | 5729438 | 0.004 |
7 | 5593333 | 0.003 |
2 | 3499000 | 0.002 |
6 | 21400000 | 0.001 |
Price($) | Vol. | No. |
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0.006 | 6233469 | 10 |
0.007 | 4941797 | 11 |
0.008 | 4709578 | 13 |
0.009 | 6362416 | 10 |
0.010 | 4184897 | 10 |
Last trade - 14.17pm 02/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
0.6¢ | 0.6¢ | 0.6¢ | 506250 | ||
Last updated 10.14am 02/05/2024 ? |
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RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
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