Nice to see GMR on your can list. However more money to be made going long on GMR then day trading.
Here is a quick summary on GMR
One of the largest companies in UAE Royal group owns approx a 15% stake in GMR. GMR and Royal Group have a JV called Royal Falcon. GMR has a 35% stake in Royal Falcon. Currently GMR is currently drilling at their Mali gold project. Results should be out at the end of this month
Royal Falcon will start drilling at a large FALUN COPPER-GOLD-ZINC MINE, in SWEDEN late August.
Also expecting Royal Falcon to ann. an addtional project in north africa.
The beauty about this stock is the Market Cap is still under $15M!
