GNM 15.4% 1.1¢ great northern minerals limited

Does low SP perhas suit the management?, page-4

  1. 365 Posts.
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    and what is your guess where the shareprice should be ?
    As long as there is no resource defined or a ohd offtake agreement signed or plant built that would bring in some money..why should the sp be higher right now..it could be higher on expectations..thats true..but for this maybe too many shares out.,,even if a resource is defined its still not generating revenue..no revenue..no rising sp...thats pessimistic, but if you look at the life cycle of a mining company`s stock..its usually like this..
 
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1.1¢ 1.1¢ 1.1¢ $917 83.33K

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1.2¢ 588889 1
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