It's important to realise that this stock is 60% held by the top 20. Over half of that held by Sage and Mike many man.
Share holders that got caught in GSX when Sage and Mike delisted 2 years ago on the same project with the promise of a AIM listing that never happened. Have had their shares escrewed for 12 months. Which means the free float shares are even less than 40%.
This stock is controlled by the top 20! Not market forces. Any demand will be happily met by that top 20!
Certainly not value! This is a money pit with each coming CR getting lower and lower.
No one was interested in it in the UK.
They had to create a broker June 2016 who funnily enough gets royalties on production just like Mike but does not seem to be on the latest 20
Aussieman is spot on with the veins. Underground and its not in a low cost labour country were rules can be bent.
Underground needs a proper spaced measured drill program. Full stop!
The current drill programme is only to read measure the outdated JORC which lead to it being completely down graded to inferred (lowest JORC standard)
Which obvouisly gives them a pump and dump oppotunity
Don't be on the wrong side of that trade.
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Mkt cap ! $32.15M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.3¢ | $73.72K | 2.878M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
2.6¢ | 154000 | 2 |
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1 | 50000 | 0.024 |
4 | 204965 | 0.023 |
3 | 270000 | 0.022 |
2 | 286000 | 0.021 |
4 | 370000 | 0.020 |
Price($) | Vol. | No. |
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0.026 | 154000 | 2 |
0.027 | 195890 | 1 |
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