GG8 and BTR have to be the two most overhyped gold stocks on the ASX.
Orminex / labyrinth / Gorilla or whatever you want to call it was capped at $3.0m only 18 months ago.
How TF is it capped at $300m now (I know people will say the other amazing assets that have been vended in, gold price, no more Jen, yadda yadda yadda), reminds me of when we were mining at Comet Vale and the company was capped at $130m with all the hype.
Despite these other assets and gold price, there is a lot of hype priced into this beast now. I have just sold my holdings and now waiting for the zoo keeper with the tranquilizer gun.
Poor old Harambe, Jen has just jumped the fence into to enclosure and the zoo keeper has replace the tranquilizers with hollow points, some people are going to get seriously hurt on the way back down to 3c....
GG8 Price at posting:
50.0¢ Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)