GNM 0.00% 1.1¢ great northern minerals limited

Camel Creek Drilling Campaign, page-15

  1. 8,838 Posts.
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    They should do a consolidation.

    Pretty much every stock I've ever followed with a billion or more shares gets played by the traders.

    Here, we had the run up to over 2c when the initial Camel Creek (4m) were released. On big volumes.

    It then got hit with tax loss selling and without any imminent news, no buyers were prepared to wade in....

    As I've mentioned before, I'm expecting a circa 500k oz resource this CY (calendar year).

    That's enough, all other things being equal, to get a stand alone plant going....

    And the upside is the depth potential, which this current program is targeting.

 
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