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G88

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1.3¢ golden mile resources ltd

why would it go that low? we have gold at KIN and the nickel...

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10,366 Posts.

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06/12/17

10:07

Post #: 29408222
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Originally posted by insaf ↑

In reality this is at its infancy in exploration hence it it premature to declare this uneconomical or failed. The promising aspect is that there is nickel however the negative is is consistent high grade or lack of it. The extensions are important as it could uncover higher grade zones. Needless to say the sulphide is also the key.
The key is let the sp settle and consolidate. Let it actually be boring for a period and then make a decision on further purchases. As we get closer to to the 40s and 50s the volume should decline as most of the buyers in the high30s onwards who have stop losses would have exited by then.
1st step 58 support and consolidation. On the upside we are below ema20 and 65 gap support followed by 68/70

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why would it go that low? we have gold at KIN and the nickel resource here is great with the chance of sulphides. Not sure where all the doom and gloom has come from? This is on track.

G88 Price at posting: 60.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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Last 1.3¢		Change 0.000(0.00%)		Mkt cap ! $5.345M

Open	High	Low	Value	Volume
1.3¢	1.3¢	1.3¢	$1.3K	100K

Buyers (Bids)

No.	Vol.	Price($)
3	958461	1.3¢

Sellers (Offers)

Price($)	Vol.	No.
1.4¢	457339	1

View Market Depth

No.	Vol.	Price($)
3	958461	0.013
2	83305	0.012
2	240000	0.011
7	2706963	0.010
6	1755744	0.009

Price($)	Vol.	No.
0.014	457339	1
0.015	100000	1
0.016	750000	2
0.017	795692	3
0.018	2508004	4

Last trade - 11.02am 11/10/2024 (20 minute delay)

G88 (ASX) Chart

why would it go that low? we have gold at KIN and the nickel...

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

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Tonight's US CPI data could set the tone for November. What are markets expecting?

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why would it go that low? we have gold at KIN and the nickel...

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