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6.25%

1.5¢ godolphin resources limited

In and out of ALK, what a rip-snorter over the last two...

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niclou

4,582 Posts.

134

11/02/20

15:26

Post #: 42866225
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Originally posted by prawn_man: ↑

I agree Geemoney. (I'm not trying to cross-promote ALK but let's compare.) Reports suggest that Alkane has a very good chance of a porphyry gold-copper system at Boda and it has a market cap of over $500 million. ALK also has other assets and cash flow, but my estimate is that about 50% of ALK's market cap came after the Boda discovery. GRL is located within the areas where gold porphyrys like Boda can be found, and MEI's market cap is about $14 million (with about 5 times less shares than ALK). Cadia (Newcrest) is another porphyry system in the area and it is now the largest gold producing mine in Australia. GRL already has a gold JORC of about 0.4 mil oz and GRL's drilling at Mt Aubery is underway as we speak. IMO now is the time to hold shares in a specky like GRL. The drilling should indicate whether a porpyry is possible and we should hear news soon. We need some patience and good luck, amigo.

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In and out of ALK, what a rip-snorter over the last two days!
Someone is now very, very, very slowly trying to build a bigger GRL position ,,, where are those minion-sellers at

NL.

GRL Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.5¢		Change -0.001(6.25%)		Mkt cap ! $4.743M

Open	High	Low	Value	Volume
1.6¢	1.6¢	1.5¢	$10.58K	677.0K

Buyers (Bids)

No.	Vol.	Price($)
4	848331	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	1272912	3

View Market Depth

No.	Vol.	Price($)
4	848331	0.015
2	150000	0.014
4	537307	0.013
2	466000	0.012
3	307725	0.011

Price($)	Vol.	No.
0.016	1272912	3
0.017	543359	2
0.018	363248	3
0.019	150000	1
0.020	383333	3

Last trade - 16.10pm 13/11/2024 (20 minute delay)

GRL (ASX) Chart