You are correct, GTR have fantastic grades when comparing to the U market, even up there with the majors!
However, we lack the large resource. That is what the market needs to see in order to get a substantial re rate. IMO based on managements recent plans and rhetoric, the resources will only grow with more drilling and the recent geophysical work has no doubt helped define more drilling targets to find the larger deposits. The share price has been in struggle street due to the cold weather in the USA mid-west winter months, plus the slow news flow of the past 6 months, but in the next month we should be straight back into drilling as the ground conditions change. Add in the market still needing to see evidence of a growing resource base. Once we start proving that up in the next few months, everything will change.
The person posting constant negative comments in here is a known shorter. They did it to RSG when the gold price was in the recent trough after the initial covid gold spike. They spent the last 3 years talking RSG down and very quickly disappeared when the gold price moved to its next leg up and RSG began a reversal. I have not seen SC post in there since. They will very soon depart from this stock when we reach our base share price and commence the reversal.
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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
0.6¢ |
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Change
0.001 ( 0.00 %) |
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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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RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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