GCX will for sure be back for more capital next time surely...

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07/04/24

13:43

Post #: 73226598
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Originally posted by Sharetrader78: ↑

GCX has already run really well on expectations .. just under 17mill cap ...priced the same as another of my holdings with 7.6MOz PGM5 resource thats probable to double if they back up the deeper high grade PGM results ..with further in-fill drilling

GCX has huge potential but nil resources as of yet... insider buying or just speculators?

seen my 3.4c purchase go to high 5's ...so ended up selling down to a much smaller holder ...(putting those funds into other PGM stock with HUGE resource)

GCX will for sure be back for more capital next time surely they'll include S/Hs at a great discount to VWAP ..

Only takes one great intercept to rocket the SP ...but as we know PGE aren't exactly liked by the market so if its mainly PGE lower grade hit we will see a sell on the news ...

Only time will tell if I'm right or wrong on this move

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GCX will for sure be back for more capital next time surely they'll include S/Hs at a great discount to VWAP ..

Unless they do have that one great intercept that confirms the prospectivity of their district scale holdings & geological model, and then make a placement at a PREMIUM to the likes of their neighbours BHP &/or RIO, and then relist at a PREMIUM to the placement price following the TH.

I believe in letting profits run & cutting losses, however each to their own.

GCX Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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