GSR greenstone resources limited

Chart

  1. 5,181 Posts.
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    Looking at the TA on the 11 am snapshot, bearing in mind the financial year is soon to close and most tax selling is done, there is a clear accumulation phase indicated on the chart below. I expect the price to butt its head on resistance of the former high to enable further accumulation by the market makers to get set. I expect the movement to bigger gains in stage two of the Weinstein analysis to occur come July, when the 70,000-80,000 tons of high grade gold ore are processed from the Burbanks mine. Then GSR will also have drilling results from PGE and lithium exploration. Above all it should be noted the company has no debt and its progress has been methodical. Ingredients I like.

    https://hotcopper.com.au/data/attachments/4353/4353919-aa9a0749dc03fe0c49ef3920ef9d0e40.jpg
 
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Currently unlisted public company.

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