Well said@Jaytee1 &@Minion32 - and others who recognise that current management seem to be as focussed on what they themselves can bleed from the available cash on hand (ie: DE on $530k/pa) as opposed to 'proper' exploration.
Nothing but 'Auger Drilling' which is really no more than 2m down (including top-soil) and Water Sampling to produce multiple ASX announcements which imo, are designed towards the 'confidence-factor' and 'hopium'.
Yesterday's and this morning's trades could well be tax-selling, considering this time last year the s/p was holding around 0.003, though it might also be the Mars Mines cronies getting rid of even more of their 'gifted' shares.
No doubt a 'change in substantial shareholder' ann will be forthcoming if that's the case.
Between 3rd & 9th January this year, David Evans disposed of holdings (both 'directly' and 'indirectly' held) on his and Mars Mines behalf - total 1.1 BILLION SHARES
That left around 335M Ordinary shares (direct+indirect) as well as 63.5M Options - see that Jan ann.
(Some of those Oppies are actually priced at $0.0055)
So DE&Co. had $335k -worth of Ords in Jan.
Last few days now to get rid of those, dust his hands off, and move on to the next planned 'operation' imo.
They (Jose & Co) would need to be careful about getting rid of DE - scrutinise his contract to ensure he wouldn't be entitled to a 'golden goodbye' cash lump sum.
S.Feldman did that for his Mum - over $300k with no advance public notice of her 'retiring' - but that's another story entirely.
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gold mountain limited
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Last
0.2¢ |
Change
0.001(100%) |
Mkt cap ! $11.23M |
Open | High | Low | Value | Volume |
0.1¢ | 0.2¢ | 0.1¢ | $19.41K | 19.26M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 6487052 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 96007947 | 63 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 6487052 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 96007947 | 63 |
0.003 | 39747825 | 24 |
0.004 | 8534518 | 11 |
0.005 | 1950000 | 4 |
0.006 | 6446500 | 3 |
Last trade - 15.38pm 27/06/2025 (20 minute delay) ? |
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