GSR 0.00% 1.1¢ greenstone resources limited

Typical. When I think the sideways pattern is due to break up...

  1. 327 Posts.
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    Typical. When I think the sideways pattern is due to break up and buy, someone then loses patience and it breaks down!

    That's the problem with these small volume spec stocks where the board keeps going the private placement route to raise capital. We will still have some of those broker clients who bought in at 1.9c as a short term play to buy cheap and sell for a bit more, who missed selling on the up-tic. They can sell at 2.0c and still be ahead. It artificially lowers the resistance level to the discounted issue price - until there is some good news. Looking forward to the good news!




 
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Currently unlisted public company.

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