For what it is worth, I see the GSR hitting 5.5 cents (MC A$50 million) in July.
With regard to CGT based selling, I have been trading on the ASX for about 40 years. IMHO, the CGT based selling usually starts around now and gets worse i.e. June is usually a bad month for stocks, particularly small caps.
Having said this, the Mt. Thirsty story may just make investors think twice before clicking the sell button (some will anyway though!).
Cheers.
GSR Price at posting:
4.2¢ Sentiment: Buy Disclosure: Not Held